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Replies to #54584 on Biotech Values
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jbog

11/09/07 1:38 PM

#54587 RE: DewDiligence #54584

Dew,

While Vioxx was a good seller in the US, wasn't it more dominent in the ROW market. I've never heard of any overseas lawsuits. I'm wondering if thats because of the label or the tort system.
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DewDiligence

11/09/07 5:01 PM

#54600 RE: DewDiligence #54584

MRK soundbite from Fortune Magazine:

“During its heyday in the 1970s, Merck earned a
reputation among scientists as ‘the Harvard of the
pharmaceutical industry.’ It may no longer be, but
at least today, the company's legal department
is looking like Harvard Law.


http://money.cnn.com/2007/11/09/magazines/fortune/simons_vioxx.fortune/index.htm