Re: Merck Frost lost in Vioxx trial
The thing is, Merck won't end up paying anywhere near that much money to that faimily.* From what I understand, there are strct limits to how much in punitive damages can be awarded in a personal injury case like this one.* The analysis I heard is that the family will still get a couple of million dollars in punitive damages, but no where near the $229 million the jury awarded for punitive damages.* I understand, however, that there is no limit on awards for mental anguish and loss of companionship, and the jury awarded them a bit over $24 million on that account.
But, as I also understand from reports that I heard, the jury might have been trying to send a message with the amount of punitive damages they awarded.* Apparently the amount they awarded was exactly the same amount that Merck figured that they would save by delaying putting a warning label on Vioxx for three or four months.* It is as if the jury was saying to the company, "You thought you were going to save X amount of dollars by not informing people of the risk they were taking by using your product, but we're going to vote to take all of that away from you."
Edited to fix typo. :redface:
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