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Merck appoints committee to review company actions on Vioxx

Published in Law and Health Weekly, January 1st, 2005

Beleaguered pharmaceutical giant Merck & Co. Inc. has appointed a special committee of board members and a retired federal judge to review the company's actions before it pulled its blockbuster arthritis drug Vioxx from the market.

Merck announced the special committee late December 7, 2004, saying it would act for the company's board of directors in handling shareholder litigation over the Vioxx withdrawal and would advise the board on any action to be taken after the review.

"This is exactly what you would expect the board to do in carrying out its duties to shareholders," said Merck spokeswoman Joan Wainwright.

She said the...

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