Merck To Pay Nearly $1 Billion To Settle U.s. Charges

Merck to pay nearly $1 billion to settle U.S. charges

(Reuters) - Merck & Co will pay roughly $950 million to settle criminal and civil charges that it promoted the painkiller drug Vioxx for an unapproved use, the U.S. Justice Department said on Tuesday.

RELATED ARTICLES
  • Abused disabled Iowa plant workers awarded $240M
    A Texas company has been ordered to pay 32 mentally disabled workers $240 million in damages for what government lawyers described as years of around-the-clock abuse. More
  • Bayer to pay $1.1B for California firm Conceptus
    Germany drug company Bayer AG says it intends to buy California-based Conceptus to expand its birth control offerings. Bayer said Monday it would launch a pupublicblic offer to pay $31.00 per share for all the stock in Conceptus, Inc. That means Bayer would pay $1.1 billion. More
  • News Corp settles phone hacking case
    News Corp reaches a $139m (£91m) settlement with shareholders over complaints filed in relation to the UK phone hacking scandal. More
  • Once Again, YouTube Prevails In Viacom Case
    YouTube has once again beaten Viacom in the long-running copyright case that the companies have spent the last several years fighting. This marks the second time U.S. District Judge Louis Stanton has taken YouTube’s side in the case, agreeing that the streaming video provider was protected by “safe harbor” provisions of the Digital Millennium Copyright Act. More
  • DealBook: Mortgage Relief Checks Go Out, Only to Bounce
    Relief checks issued as part of a settlement over foreclosure abuses have bounced, an unfortunate twist for consumers who have already faced problems over reviews of troubled mortgage loans. More
BING NEWS:
  • Texas loses a legal giant
    A combat soldier in Patton’s Third Army, Jim Coleman earned the Silver Star, worked for the CIA, founded one of the most respected corporate law firms in Texas and hired women as lawyers when other ...
    02/23/2020 - 5:59 am | View Link
  • DiamondRock Hospitality Company (DRH) CEO Mark Brugger on Q4 2019 Results
    According to STR, overall U.S. RevPAR growth ... we agreed to settle our Hurricane Irma claim with our insurers for approximately $247 million. We believe this was an excellent outcome for our ...
    02/21/2020 - 8:26 am | View Link
  • Diamondrock Hospitality Co (DRH) Q4 2019 Earnings Call Transcript
    Ladies and gentlemen, thank you for standing by, and welcome to the Fourth quarter DiamondRock Hospitality Company Earnings Conference Call. [Operator Instructions] I would now like to hand the ...
    02/21/2020 - 7:31 am | View Link
  • For finding a serious relationship, these dating sites are the best
    No one is saying that online dating is the variable that changes everything, but the research does point to the fact that people who sign up for dating sites that require thoughtful responses are more ...
    02/19/2020 - 9:00 pm | View Link
  • Encore Wire Corp (WIRE) CEO Daniel Jones on Q4 2019 Results
    In aluminum wire, which represented 8% of our net sales in 2019, we successfully enforced our rights under the U.S. trade remedy laws. As a result of the International Trade Commission’s final ...
    02/19/2020 - 8:08 am | View Link
  • More

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News