Merck's Vioxx Payouts To Begin In August
Merck's interim payments — including the first $500 million installment — will benefit claimants alleging cardiac injuries and death, the company announced Thursday. Claimants alleging stroke will begin getting paid Feb. 9.
Interim payments will be about 40% of the estimated final payment, Merck said.
Under the agreement, Merck had the right to walk away from the settlement if 85% of the...
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