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  • WSJ: Ambush in Angleton - So where does the jury verdict leave Merck? Perhaps in Chapter 11.

    08/22/2005 5:33:32 AM PDT · by OESY · 7 replies · 684+ views
    Wall Street Journal ^ | August 22, 2005 | RICHARD A. EPSTEIN
    ...Forget the jury's whopping quarter-billion-dollar verdict in Ernst v. Merck, because it's cut 90% by the caps that Texas law places on punitive damages.... But in truth, we should be grateful to any firm that speeds its product to market when its anticipated use promises many more benefits than adverse side-effects. Merck should not apologize for pushing hard to win quick market acceptance; before Vioxx was withdrawn, countless people with chronic pain were able to get on with their lives. Now these folks are left far worse off because of a double whammy: a Food and Drug Administration that yanks...