Supreme Court Rejects Vioxx Class Action
Sep 7, 2007 | Posted by: The Associated Press | Full story: The Associated Press
“We already have a number of funds (health plans) that have contacted us that represent close to $1 billion in claims.”
New Jersey's Supreme Court on Thursday rejected a class-action lawsuit against Merck & Co. over its withdrawn painkiller Vioxx.
The ruling is a huge legal victory for the drugmaker, which faces nearly 27,000 individual lawsuits from people claiming Vioxx, once a widely used arthritis treatment, caused heart attacks and strokes.
The state's highest court, reversing two lower-court decisions, ruled that a nationwide class was not appropriate for the lawsuit. The suit had been brought by a union health plan on behalf of all insurance plans that paid for Vioxx prescriptions _ roughly 80 percent of all Vioxx sold. Read more
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