Australian law firm Slater & Gordon Ltd. (SGH.AU) said Friday that the Federal Court has found in favour of the plaintiff leading a class action against U.S. pharmaceutical firm Merck & Co. (MRK) related to its now withdrawn painkiller Vioxx.

In a statement, the law firm said that Merck has the right to appeal the judgment handed down by Justice Jessup in Melbourne, or "may decide to work towards a negotiated settlement that is satisfactory to the clients and to the court."

-By Bill Lindsay, Dow Jones Newswires; 61-2-8272-4694; bill.lindsay@dowjones.com

 
 
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