Buy more stock in Merck's law firm: New York State and New York City have sued the company to recoup more than $100 million they spent on the drug, joining six other states suing on behalf of their Medicaid plans.
The suit mimics other claims against the company: that Merck intentionally concealed the bad news about Vioxx, thus inducing the state's Medicaid program to pay for a drug Merck knew could be dangerous. Merck's lawyers deny the claims, saying the company acted responsibly, and vowing--as is its habit--to vigorously defend itself.
- read the statement from NY Attorney General Andrew Cuomo
- see this article from The New York Times