merck fined 950 mn over painkiller marketing
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Merck fined $950 mn over painkiller marketing

Arab Today, arab today

Arab Today, arab today Merck fined $950 mn over painkiller marketing

Washington - AFP

   Pharmaceutical giant Merck will pay nearly $1 billion to resolve criminal and civil charges for wrongfully marketing its former hit painkiller Vioxx, the US Department of Justice said Tuesday. Merck agreed to plead guilty to breaking the Food Drug and Cosmetic Act after it promoted Vioxx for rheumatoid arthritis when the drug had not been approved for that disease, the department statement said in a statement. The criminal fine amounts to $321.6 million. It also agreed to pay $628.4 million to settle civil charges related to the marketing of Vioxx and making false statements about its safety. Merck began marketing the drug, known by its generic name of rofecoxib, in 1999, promoting it not just for its approved use as a painkiller but also as a way to fight arthritis. The Justice Department said it ignored warnings to stop doing so and continued to do so until 2004, when Vioxx was pulled from the market after it was linked to a higher risk of heart attacks and stroke. "The settlement resolves allegations that Merck representatives made inaccurate, unsupported, or misleading statements about Vioxx’s cardiovascular safety in order to increase sales of the drug, resulting in payments by the federal government," the Justice Department said. "Like the criminal plea, the civil settlement also recovers damages for allegedly false claims caused by Merck's unlawful promotion of Vioxx for rheumatoid arthritis." While Merck agreed to the fines, it said in the settlement that the agreement "is neither an admission of facts or liability by Merck." "Merck expressly denies the contentions and allegations of the United States as set forth herein and denies that it engaged in any wrongful conduct" with the exception of what it admitted specifically in the plea agreement. Merck has faced numerous lawsuits over the medicine from customers since withdrawing it from the market.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

merck fined 950 mn over painkiller marketing merck fined 950 mn over painkiller marketing

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

merck fined 950 mn over painkiller marketing merck fined 950 mn over painkiller marketing

 



GMT 06:47 2017 Thursday ,07 December

Saudi denounces US decision on Jerusalem

GMT 12:10 2017 Thursday ,27 July

Nelly Karim is keen to keep her success

GMT 10:01 2017 Thursday ,09 March

Twin bomb blasts near Iraq’s Tikrit kill 23

GMT 16:27 2017 Tuesday ,11 July

TUI sheds final stake in ship-owner Hapag-Lloyd

GMT 09:38 2017 Monday ,20 February

Japan returns to trade deficit in January

GMT 11:46 2017 Sunday ,23 April

Actor Ahmed Ezz appreciates the fans’ love

GMT 10:11 2018 Sunday ,25 November

EU leaders gather to approve Brexit divorce deal

GMT 02:59 2018 Saturday ,20 January

Lebanon says foiled IS holiday attacks

GMT 00:28 2016 Tuesday ,05 April

Volvo Cars posts first quarter sales hike

GMT 03:26 2017 Friday ,15 December

Lewandowski shoots into Bundesliga's top 10

GMT 20:46 2017 Monday ,27 March

Russian police act properly to Sunday's protest
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday