Vioxx, a nonsteroidal anti-inflammatory drug, was recalled voluntarily by its manufacturer, worldwide in the year 2004, as it was known to cause cardiovascular problems as its side effect. At a point in time it was forecast that lawsuit settlement could be one amongst the largest defective drug settlements. After Merck had officially announced to fight each case individually, it was estimated that the pharmaceutical giant might have to shell out whooping $4.85 billion in order to settle the majority of pending Vioxx lawsuits.

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