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Merck's Pain Persists
Updated from Aug. 19
For Merck (MRK Quote), the side effects from Vioxx just got a whole lot worse.
The giant drugmaker suffered a painful legal setback Friday, when a Texas jury held the company liable for the death of a Vioxx user and ordered it to pay $253 million in damages as a result. On Monday, shares in Merck fell 1.5%, adding to a 7.7% plunge late Friday. Monday morning, Merck was down 42 cents to $27.63. ...
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