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Lawsuit Settled Over Vytorin

Feb 29th, 2012 - Health News

WHITEHOUSE STATION, N.J. (AP) — Merck & Co. has settled a lawsuit over claims the drugmaker delayed releasing disappointing results of a study management hoped would instead boost sales of a key drug.

The settlement ends a four-year-long case Merck shareholders had filed after the company for 21 months delayed releasing results on a study of cholesterol drug Vytorin. It showed the blockbuster pill was no better at reducing plaque buildup in arteries than a cheap generic drug.

The settlement requires the drugmaker's research division to report any significant delay in publicly disclosing results of patient studies to the research committee of Merck's board of directors. The committee could then investigate or raise the issue with the full board.

Merck denies any wrongdoing.

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