Vioxx Settles for $4.8 Billion

Evan Rosen
Evan Rosen
Contributor
Posted by Evan RosenNovember 12, 2007 6:59 PM

On Friday, Merck Corporation, the makers of the anti-inflammatory drug known as Vioxx, settled 45,000- 50,000 outstanding personal injury lawsuits for it's defective and deadly medication. The settlement, after thousands of hours of negotiations with attorneys representing family members of deceased or permanently injured patients from every state in the country, totalled $4.8 billion. It's the largest defective drug settlement in U.S. history to date.

For more information on this subject, please refer to the section on Drugs, Medical Devices and Implants.

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