10 Stand-Out Firms Win Industry's Confidence

Law360, New York (July 10, 2006, 12:00 AM EDT) -- For health care companies, lawsuits have always been a cost of doing business. But as the stakes get higher in cut-throat litigation, that cost could very well become the business itself.

Just ask Merck & Co. By some counts, the company is now facing more than 13,000 lawsuits across the country related to its Vioxx pain treatment. With three losses so far, including a jury award of $253 million, the brand-name drug maker is vowing to fight back each lawsuit one by one.

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Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.