Drug Recalls - Vioxx Settlement Reaches $950 Million

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Vioxx Settlement Reaches $950 Million

Thursday, 24 November 2011 20:25 | Written by Drug Recall Lawyer |

Merck & Co., the pharmaceutical company charged with illegally promoting its painkiller Vioxx for unapproved uses, settled for $950 million in court last Tuesday. The drug manufacturer faced criminal and civil charges for its false advertisements after some patients suffered severe adverse side effects from the mismarketing.

Merck & Co. is not the only pharmaceutical company to face court charges after ignoring patient health for profit. Some other companies that have recently undergone huge settlements for illegal marketing include GlaxoSmithKline ($2.3 billion), Abbott Laboratories ($1.4 billion), and Eli Lilly & Co (1.42 billion).

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