August 23, 2005
Analyst Sees Vioxx Liability at $10 billion
Posted at August 23, 2005 11:22 AM in Dangerous Drugs
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According to a Bloomberg News report published today, Credit Suisse First Boston business analyst Catherine Arnold doubled her liability estimate for Merck & Co. to $10 billion. Merck is appealing last week's jury verdict in Texas that awarded Robert Ernst's widow $253 million.
