Financial Times FT.com

Victory for Merck in Vioxx ruling

By Christopher Bowe in New York

Published: September 7 2007 04:23 | Last updated: September 7 2007 04:23

Merck won a crucial legal victory on Thursday and removed a cloud that had been hanging over the US drugmaker and its investors over the withdrawn painkiller Vioxx.

The New Jersey Supreme Court overturned lower court rulings granting class-action status for a lawsuit representing insurance companies and healthcare systems that bought Vioxx for patients.

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