User uShare Login | Register
Login
Register

Along with posting photos, videos, and stories, your uShare account lets you post Classified Ads, recipes on What's For Dinner, and Announcements.


65° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

Share your Photos, Videos, and Stories on uShare! Click here to get started.

KELOLAND.com | Sioux Falls News & Weather, South Dakota News & Weather, Minnesota and Iowa News

[0] My Saved Articles
Find local businesses
on the KELO Pages!

 

Vioxx Reaches Settlement

November 9, 2007, 4:15 PM by Jaine Andrews

Vioxx Reaches Settlement
Drug maker Merck's feeling pains in its pocket. The drug giant has agreed to pay one of the largest lawsuit settlements ever. 

Three years after withdrawing its pain medication Vioxx from the market, Merck announced Friday that it will pay 4.85 billion dollars to settle what could be as many as 47,000 lawsuits filed by people who claim they or their family members suffered injury or died after taking the drug. 

The company says it will pay the money into a fund and people who claim they were hurt by Vioxx can petition for money. Merck is stopping short, however, of calling today's move a class action settlement, and it says individual cases will be examined before any payments are made. To be eligible, people must prove they suffered heart attacks or strokes within 14 days of taking the popular painkiller. The company says people must also have taken at least 30 pills in all and that all awards will be based on how long a person took the medication and the severity of their injury. Lawyers say the move was a smart business decision. 

Settlement attorney, Russ Herman says, "We have clients that are very happy. I think one of the interesting things is it takes about a million dollars to try one of these cases." 

The settlement is one of the biggest ever involving civil litigation. It comes after 17 Vioxx civil trials were held over the past two years. Merck won 12 of those cases in court and lost five. The company pulled the drug from the market in September of 2004 after a study linked it to an increased risk for heart attacks and strokes.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

You may also like

Jesus Take The Wheel

9/25/2014 10:00 PM

Miracle on the highway: that's how many people are describing a bad crash between a semi-truck and car in which no one was killed.

Full Story | Watch
Autistic Student Gets Royal Treatment

9/26/2014 4:55 PM

Friday night's homecoming at Brandon Valley High School is a crowning achievement for a senior who's living with autism.

Full Story | Watch
Iowa Teen Dies Two Days After Fight At School

9/28/2014 11:42 AM

Prosecutors may file additional charges because a western Iowa teen died two days after suffering a head injury during a fight at school.

Full Story
Verdict Reached In McCahren Case

9/23/2014 8:51 PM

Braiden McCahren walked out of the Tripp County Courthouse Tuesday night a convicted killer.

Full Story
Police: Missing Boy Shows Up At School

9/26/2014 6:39 AM

Sioux Falls police say a missing boy showed up for school Friday morning.  

Full Story


Events