Friday, October 20, 2006
Article in today's Washington Post -- Merck, Schering-Plough Shares Climb, by Linda Johnson. The article notes that "Merck . . . said it can now reasonably estimate its Vioxx costs through 2008 and reserved an additional $598 million for future defense costs, on top of the $970 million previously set aside. But the number of Vioxx lawsuits has now topped 24,000, and an additional 15,000 potential plaintiffs have entered agreements temporarily suspending the time to sue."