TAMPA, Fla., Nov. 9 After several years of litigation,Merck has agreed to pay $4.85 billion in a settlement over Vioxx. Themedication was pulled off the market in 2004 after a clinical trial proved itincreased the risks of heart attacks and strokes. It is one of the largestpharmaceutical settlements in history.
James Hoyer Newcomer and Smiljanich is pleased this long process is comingto a resolution. The firm has more than a dozen clients who've suffered theill-effects of taking Vioxx. "This settlement was a long time coming, but onethat will finally give our clients some relief from the harm they suffered,"said Attorney John Newcomer.
Nearly 30-thousand lawsuits have been filed nationwide against Merckbecause of Vioxx. Plaintiffs will receive different settlement paymentsdepending on the severity of their injuries and the length of time they tookVioxx. Plaintiff Alvin Jupiter, of Tampa, suffered a heart attack in 2001after taking Vioxx. He said, "I'm glad to see something coming to fruition onthis. So many people were hurt."
James Hoyer Newcomer & Smiljanich will review details of the settlementover the coming weeks and work to ensure our clients are compensated fairly.
SOURCE James Hoyer Newcomer & Smiljanich