Friday, October 29, 2010

Merck's Legal Costs for Vioxx Pill Reduce Earnings Six Years After Recall - Bloomberg

Merck & Co. set aside $950 million to resolve a criminal probe into the Vioxx painkiller it withdrew six years ago, raising potential legal costs to $7.7 billion and driving down shares today by 2.3 percent.

Posted via email from Jack's posterous

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