Some insurers limited Vioxx
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Some large health insurers are feeling vindicated after Merck&#39;s decision to withdraw its painkiller Vioxx from the market because long-term use raises the risk of heart attack or stroke.
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Concern over the recently publicized risks of drugs such as Vioxx and Celebrex has left doctors and patients with difficult choices.
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Merck & Co Inc  said on Thursday the New Jersey Supreme Court has reversed a lower court ruling that had granted nationwide class-action status to insurers seeking reimbursement for past spending on Vioxx, the drugmaker's withdrawn arthritis treatment.
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NEW ORLEANS -- Thousands of federal lawsuits claiming the drug Vioxx caused heart attacks and other conditions that killed or injured people cannot be pooled into one national class action, a judge ruled Wednesday.
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When Dr. Sherwin Siff got the news three months ago that the popular painkiller Vioxx was being pulled from the market, he had a good idea its cousins, Celebrex and Bextra, would face problems, too.
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It might not just be Vioxx that carries a risk of heart problems. Scientists and European regulators say users of similar pain-relief medications also may have cause for concern.
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The withdrawal of Vioxx may take a bite out of Merck &amp; Co.&#39;s revenues, but it isn&#39;ta setback for arthritis patients, doctors said Friday, because dozens of other drugs offer the same symptom relief.
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Bad press from Vioxx shouldn't overshadow the company's new offering.
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By Rosie Murray-West, City Correspondent (Filed: 01/10/2004). US pharmaceutical giant Merck lost about a quarter of its value yesterday after it pulled arthritis drug Vioxx owing to concerns over heart attacks as a side-effect.
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NEW YORK, Nov. 29 -- Drugmaker Merck & Co., under financial siege since pulling its top painkiller Vioxx off the market in September, said Monday it has adopted a plan that would guarantee large severance packages to 230 top executives if the company merges or is taken over.
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The pharmaceutical firm Merck faces a new class-action lawsuit in Canada, filed on behalf of two people who suffered heart attacks after taking the company's pain medication Vioxx, which was taken off the market worldwide because of such risks, plaintiffs' lawyers said.
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BIRMINGHAM, Alabama  - Merck & Co. scored its second swift victory this week in a Vioxx product liability trial when an Alabama jury found on Friday it did not hide health risks associated with its withdrawn arthritis drug or knowingly market a faulty product.
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NEW YORK - Since Merck&#39;s Vioxx was pulled from the market for increasing the risk of heart attack and stroke in a long-term study, there has been heated debate over whether other, similar medicines, such as Pfizer&#39;s Celebrex and Bextra, carry similar risks
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With the recent news of heart problems associated with drugs such as Vioxx, Celebrex and Bextra, people who suffer from the pain associated with arthritis have difficult choices to make.
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Merck &amp; Co. Inc. has adopted a severance benefits plan aimed at protecting key managers in the event the company is taken over -- a growing possibility since the withdrawal of arthritis drug Vioxx sent shares tumbling.
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ATLANTIC CITY, New Jersey  - A New Jersey jury found on Friday that Merck & Co.  failed to provide adequate warnings about health risks tied to its withdrawn arthritis drug Vioxx in one case, but decided that it gave adequate warning in another in two suits tried simultaneously.
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People who take Merck &amp; Co. Inc.&#39;s analgesic Vioxx are nearly three times as likely to have heart attacks as those taking Pfizer Inc.