Merck Will Pay 950 Million Dollars To Settle Vioxx Investigation

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NEW YORK— The U.S. Department of Justice said Tuesday that drug maker Merck will pay $950 million to resolve investigations into its marketing of the painkiller Vioxx.

The agency said Merck will pay $321.6 million in criminal fines and $628.4 million as a civil settlement agreement. It will also plead guilty to a misdemeanor charge that it marketed Vioxx as a treatment for rheumatoid arthritis before getting U.S. Food and Drug Administration approval.

Read More: http://www.latimes.com/business/la-fi-merck-vioxx…

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