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Merck Still Murky
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Lose one, win one. Two down, and more than 6,400 to go.
About the only thing certain after Thursday's New Jersey state court verdict favoring Merck (MRK Quote) and its arthritis drug Vioxx, is that there will be more uncertainty.
"Quantifying Merck's total liability still remains an exercise in futility," says Tim Anderson of Prudential Equity Group in a Thursday research note. "The whole issue will take years to play out." ...
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