Merck is considering settling some of the thousands of state and federal lawsuits it faces for the distribution of its painkiller Vioxx , a spokesman for the company's legal team said Friday. This latest statement follows last week's $253 million Texas jury verdict in the first Vioxx personal injury lawsuit to go to trial. The [...]

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Russian diplomats meeting with members of the Independent Inquiry Committee looking into the now defunct UN Oil-for-Food Program have said that Russian companies did not violate UN sanctions against Iraq while participating in the humanitarian program. As described in a Russian Ministry of Foreign Affairs statement released Thursday, the committee members were told that: In [...]

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Leading Thursday's states brief, Illinois Governor Rod Blagojevich signed into law today a medical malpractice bill that he believes will lower medical malpractice insurance premiums. The bill will cap non-economic damages at $500,000 for doctors and $1 million for hospitals, allow the state to moderate the costs of malpractice insurance and require another doctor to [...]

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California's Attorney General Bill Lockyer said Thursday that the state is suing 39 pharmaceutical companies for concealing the actual costs of their drugs in an attempt to artificially inflate payments from California's Medicaid program. Lockyer said he added new drug companies including GlaxoSmithKline and Amgen to the state's prior complaint which named Abbott Laboratories and [...]

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