December 14, 2009

MERCK & CO: Incurs US$190MM Legal Defense Cost in 3 Qtrs of 2009

COMPANIES: Merck & Co Inc
Subscribe

During the first nine months of 2009, Merck & Co. Inc. spent approximately US$190 million in the aggregate in legal defense costs worldwide, including US$65 million in the third quarter of 2009.

The legal expenses were related to (i) the Vioxx…

TO CONTINUE READING,LOGIN or
TOPICS: Biotechnology | Drugs/Pharmaceuticals | Earnings | Legal Issues, Litigation | Loans & Financing | SEC-Qtrly, Annual Reports | Securities & Exch Comm, US
LOCATIONS: New Jersey | United States