Judge overturns Vioxx award against Merck
Posted on: Wednesday, 30 August 2006, 12:57 CDT
NEW YORK (Reuters) - A federal judge overturned a $50 million award handed down by a jury against Merck & Co. Inc. earlier this month in a case of a former FBI agent who had blamed the withdrawn painkiller Vioxx for his heart attack.
In a written ruling, U.S. District Court Judge Eldon Fallon did not dispute the jury's finding that Merck knowingly misrepresented or failed to disclose a material fact regarding Vioxx safety to the plaintiff's physician, but ordered a new trial to determine the financial damages.
"The Court finds that the $50 million compensatory damages award is excessive under any conceivable substantive standard of excessiveness," Fallon in his ruling.
The jury on August 17 awarded 62-year-old Gerald Barnett $50 million in compensatory damages and another $1 million in punitive damages.
Merck did not immediately return telephone calls seeking comment.
Merck, which pulled Vioxx from the market in September of 2004 after a study found the drug doubled the risk of heart attack and stroke in long-term users, is facing more than 14,200 Vioxx product liability lawsuits.
(Additional reporting by Bill Berkrot)
Source: REUTERS
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