Merck Penalized for Vioxx
The pharmaceutical company Merck announced today that it would pay approximately $950 million in civil damages and criminal fines to resolve a longstanding problem with its medication called “Vioxx.” The drug was already taken off the market for safety reasons, but Merck has been accused of making false statements about the drugs cardiovascular safety and promoted the drug for unapproved uses. According to the Center for Disease Control and Prevention, more people die every year in the United States from...Read More