Merck to Pay $650M in Rebate Settlement
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Merck has agreed to pay $650 million to resolve allegations that it overcharged state and federal governments for three top-selling drugs, marking one of the Justice Department's largest settlements ever in a healthcare fraud prosecution.
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U.S. government announces company's agreement to plead guilty, pay $160 million fine.
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A New Jersey jury found on Monday that Merck & Co. Inc.'s withdrawn arthritis drug Vioxx was responsible for a plaintiff's heart attack and awarded him $20 million in compensatory damages.
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More than 3,000 former users of Merck & Co's  withdrawn Vioxx pain drug have already signed up to take part in a $4.85 billion settlement deal that a federal judge said on Friday was in the best interests of both sides.
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A New Jersey found on Monday that Merck & Co. Inc.'s  withdrawn arthritis drug Vioxx was responsible for a plaintiff's heart attack and awarded him $20 million in compensatory damages.
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A settlement of an inquiry into Lillyâs marketing of the antipsychotic drug Zyprexa could result in the company paying more than $1 billion to federal and state governments.
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UnitedHealth Group Inc., one of the largest providers of health insurance in the United States, has paid $20 million to 37 states in order to settle claims processing problems, according to the New York State Department of Insurance.
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TAP Pharmaceutical Products has agreed to pay $150 million to consumers and private insurers to settle claims they overpaid for its drug Lupron because the company artificially inflated the price.
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The founders of the money management firm Pilgrim Baxter &amp; Associates agreed yesterday to each pay $80 million in a settlement that resolves a longstanding complaint that they improperly profited
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A jury ruled that Merckâs painkiller contributed to an Idaho postal workerâs heart attack, and awarded him $20 million in damages.
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The deal, which must be approved by regulators, will make the German group the number one generics company in Scandinavia, a growing market worth about 600m last year, according to Merck.
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More than 3,000 former users of Merck & Co's withdrawn Vioxx pain drug have already signed up to take part in a $4.85 billion settlement deal that a federal judge on Friday declared was in the best interests of both sides.
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Under a plan recently passed by Merck &amp; Co. Inc.âs board of directors, members of the firmâs management committee and the companyâs vice president-level managers may be compensated with severance packages
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The former chief executive of Biopure Corp. has agreed to pay $120,000 to settle federal claims that he defrauded investors by concealing problems with the Cambridge company's experimental drug in 2003 .
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Merck & Co Inc.  said on Wednesday it agreed to settle tax disputes with the U.S. Internal Revenue Service at a net cash cost of about $2.3 billion.
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NEWARK, New Jersey  - Federal prosecutors in New Jersey said on Thursday they have reached a $311 million settlement with companies in the medical device implant industry.
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HARLINGEN, Texas -- Attorneys for Merck &amp; Co. want to see bank and cellphone records that could show the extent of a juror's financial relationship with a plaintiff who won a $32 million verdict against the drug company in the death of a 71-year-old man who took Vioxx.