Monday, March 23, 2009

Merck - Vioxx: "a target"

Merck said Monday it received a letter from federal prosecutors notifying the company it is "a target" of a grand jury investigation involving the painkiller Vioxx, which Merck pulled from the market in 2004.

Merck has previously disclosed the investigation, which the company said has been ongoing since 2004. Monday's update said the company received a letter from the U.S. Attorney's Office in Massachusetts stating the company was a target.

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