Slater & Gordon Ltd., a Australian law firm, said that the Federal Court has found in favour of the litigant leading a class action against Merck & Co. (MRK) related to its withdrawn painkiller Vioxx.
Slater & Gordon said that Federal Court win by occupational health and safety consultant Graeme Peterson, paves the way for hundreds of other Australians who suffered heart attacks after using the arthritis drug. Slater & Gordon deputy chairman Peter Gordon said that Merck should now end the court battle and settle its liabilities, just as it compensated US VIOXX victims with a A$4.85 billion package in 2007.
In response to this statement, Merck and MSD Australia disagree with the limited portions of the Court's findings that were against MSD Australia and intend to appeal them, Merck stated.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.