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Court Upholds Class Action Suit Against Merck
AHN
Denise Royal - AHN Staff Writer
New York, NY (AHN) - In a significant legal and financial setback for Merck and Company, an appeals court has ruled a class-action lawsuit over Vioxx can proceed.
The ruling lets insurers and others sue to recover the billions of dollars they spent on the drug....
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Court upholds Vioxx class action against Merck
YAHOO
Reuters - A New Jersey appellate court on Friday
upheld a judge's decision to certify a national class action
against Merck & Co. Inc. for some cases involving the
drugmaker's withdrawn pain medicine Vioxx, attorneys
representing plaintiffs said.
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Schering supports Bayer drug bid
BBC
German drugs firm Bayer makes a $19.5bn bid for Schering, after the latter rejects a bid from Merck.
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Bayer Makes $19.5B Offer for Schering
YAHOO
AP - German pharmaceutical and chemical company Bayer AG said Thursday it would make a 16.3 billion euro ($19.5 billion) white-knight offer for Schering AG, bidding against a hostile takeover effort from Merck KgA.
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Court hearing Vioxx case evacuated in alert
YAHOO
Reuters - A courthouse in
Atlantic City where a case is being heard against drug company
Merck & Co. over pain-relieving drug Vioxx was evacuated on
Wednesday after a suspicious device was found.
Sources: YAHOO
Sources: YAHOO
Sources: YAHOO
Untying Merck deal may cost Astra $3.3 bln in 2008
YAHOO
Reuters - AstraZeneca Plc said on Tuesday
it expected to pay a net $3.3 billion to Merck & Co Inc
in 2008 if the U.S. group opts to sell back rights to certain
drugs marketed in the United States.
Sources: YAHOO
Lufthansa CFO Resigns
AHN
Julie Farby - AHN Staff Writer
Frankfurt, Germany (AHN) The airline company Lufthansa AG announces that its chief financial officer, Karl-Ludwig Kley, will resign this month to take a position with the German drugmaker Merck.
The German-based airline says CFO Kley told the ompany's...
Sources: AHN
Schering Shares Soar on Merck Buyout Offer
YAHOO
AP - Shares of Schering AG soared 26 percent Monday after rival German drugmaker Merck KGaA's unsolicited offer to buy the company for 14.6 billion euros ($17.4 billion).
Sources: YAHOO
Merck in 14.6-bln-euro hostile takeover bid for Schering
YAHOO
AFP - Merck KGaA, the German maker of pharmaceuticals and specialty chemicals, said it was launching a hostile bid worth 14.6 billion euros (17.7 billion dollars) to buy Berlin-based rival Schering.
Sources: YAHOO
Merck in $17.4-bln bid for Schering
YAHOO
Reuters - German drugs and chemicals group
Merck said on Monday it will offer 14.6 billion euros ($17.4
billion) in cash for domestic rival Schering, marking the first
big all-German consolidation step in the industry.
Sources: YAHOO
Schering says Germany's Merck plans $18 bln bid
YAHOO
Reuters - Germany's Merck KGaA intends to make
an unsolicited takeover bid for Schering at 77 euros a share,
Schering said on Sunday, adding that the offer significantly
undervalued it and that no talks were on.
Sources: YAHOO
Merck rushed Vioxx development, court told
YAHOO
Reuters - Merck & Co. Inc.
accelerated development of its Vioxx pain drug because
it calculated it could lose more than $600 million a year if it
did not beat competitors to market, a court heard on Tuesday.
Sources: YAHOO
Merck tried to hide Vioxx risk: attorney
YAHOO
Reuters - Merck & Co.
knew its painkiller Vioxx significantly increased the risk of
heart attack but worked to hide the evidence from doctors,
patients and the scientific community to boost profits, a
lawyer for a former Vioxx user argued on Monday.
Sources: YAHOO
Authors stand by criticized Merck Vioxx study
YAHOO
Reuters - Authors of a key study on the safety of
Merck & Co.'s arthritis medicine Vioxx on Wednesday
defended themselves from critics who claim the study
inappropriately excluded three heart attacks among patients who
took the drug, which has since been withdrawn.
Sources: YAHOO
US jury finds Merck not liable for death of Vioxx user
YAHOO
AFP - A US federal jury has decided US pharmaceutical giant Merck and Co. is not liable for the 2001 death of a Florida man who had taken the company's Vioxx pain medication.
Sources: YAHOO
Federal Vioxx jury says Merck not liable in death
YAHOO
Reuters - A federal jury said on Friday that
drugmaker Merck Co. Inc. was not liable in the 2001 death of a
Florida man who used the recalled painkiller Vioxx.
Sources: YAHOO
Sources: YAHOO
Sources: YAHOO
Jury reaches verdict in federal Vioxx case
YAHOO
Reuters - A federal judge said a jury reached
a verdict on Friday afternoon in a federal court trial alleging
that Merck & Co. Inc.'s recalled painkiller Vioxx caused the
death of someone who took it.
Sources: YAHOO
Sources: YAHOO
AP: Journal Editors Dispute Merck Claim
YAHOO
AP - The New England Journal of Medicine demanded changes before publishing results of the study that led Merck and Co. to pull the painkiller Vioxx from the market, and one of its top editors disputes the way the drugmaker is using it as a pillar of its legal defense in liability suits.
Sources: YAHOO
AP: Journal Editors Dispute Merck Claim
YAHOO
AP - The New England Journal of Medicine demanded changes before publishing results of the study that led Merck and Co. to pull the painkiller Vioxx from the market, and one of its top editors disputes the way the drugmaker is using it as a pillar of its legal defense in liability suits.
Sources: YAHOO
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