(May 20, 2008)—Drug maker Merck & Co. will pay $58 million as part of a multi-state settlement of a suit over advertising of the now-withdrawn painkiller, Vioxx.
Texas is among the states involved in the settlement announced Tuesday, which addresses allegations that Merck's advertising deceptively downplayed the health risks of Vioxx.
New Jersey-based Merck is not admitting any wrongdoing under the settlement.
Pennsylvania Attorney General Tom Corbett says the settlement ends investigations by 29 states and the District of Columbia into Merck's advertising practices involving Vioxx.
The settlement also calls for Merck to submit all new TV commercials for its drugs to the FDA for review.
Vioxx was taken off the market in 2004 after research showed it doubled the risk of heart attacks and strokes.