Wednesday, August 24, 2005

Vioxx verdict's dark side - The Boston Globe

Vioxx verdict's dark side - The Boston Globe: "A TEXAS JURY's Texas-size message to the drug manufacturer Merck last week may mean more than meets the eye. The jury awarded a $24 million base amount for the death of Robert Ernst and $229 million in punitive damages, apparently for Merck's failure to adequately disclose the risk of heart problems from Vioxx. Merck's stock market value declined by $5 billion on Friday. Lawyers say that Merck may face up to 100,000 other Vioxx-related suits."

Let's see... 24 + 229 = $251 million. The lawyer's fees are tremendous. That is $251 million dollars for a wrongful death.

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