The drug giant, Merck, has announced that it began making Vioxx settlement payments in August 2008, but most people will have to wait considerably longer to receive any money. Merck will make an interim payment of approximately 40% of the plaintiffs’ total settlement amount. The initial payments are only for heart attack plaintiffs. Stroke plaintiffs will not start receiving settlement money until February 2009.
Plaintiffs are schedule to receive payments on a rolling basis following a multi-step review process. With over 50,000 claims to review, it will take a while for all payments to be completed. Merck has, however, committed to paying all eligible claims.
If you or a loved one has been affected by a dangerous drug, please contact the experienced defective drug attorneys at Robert W. Kerpsack, Co., L.P.A. today to schedule your no-cost consultation.