Dr. Roy Vagelos‚ Chairman and CEO Merck Corporation. January‚ 1991. The decision to move forward with the program to donate the new drug Mectizan on a large scale to the affected population in the Third World needs to be systematically analyzed. There are two especially important angles from which this decision needs to be considered. The first concern that needs to be taken into account is that of the stockholders and investors in this company‚ whose interests you are ultimately charged with representing
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Pharmaceuticals: Merck Sustaining Long-term Advantage Through Information Technology Hiroshi Amari Working Paper No. 161 Working Paper Series Center on Japanese Economy and Business Columbia Business School December 1998 Columbia-Yale Project: Use of Software to Achieve Competitive Advantage PHARMACEUTICALS: MERCK Sustaining Long-term Advantage Through Information Technology Prepared by Hiroshi Amari Research Associate‚ Yale University William V. Rapp and Hugh T. Patrick Co-principal
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including Bayer AG and Novartis are exploring a deal for Merck & Co Inc’s consumer healthcare business‚ as they seek to gain scale in a fragmented industry‚ according to several people familiar with the matter. Reckitt Benckiser Group PLC and Procter & Gamble Co are also among the parties that have held discussions with Merck about buying the unit‚ best known for Coppertone sunscreen and Claritin allergy medicine‚ the sources said this week. The Merck business‚ which also includes Dr. Scholl’s foot
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heart attacks f) Merck blamed naproxen for skewing the results against Vioxx 3) New England Journal of Medicine Omission g) Merck omits three heart attacks from article submission h) Inclusion of omitted data caused a significantly greater result 4) FDA Reaction i) Letter regarding downplay of risks j) Addition of warning label to Vioxx k) Additional study results 5) Approve Study l) Results with placebo group cause Merck to recall drug
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1. How has Merck been able to achieve substantial returns to capital given the large costs and lengthy time to develop drugs? Merck had a 14% increase in sales between 1997 and 1998 and 22% increase in sales from 1998 – 1999‚ and a 13% annual increase in earnings over the same period. Merck’s business strategy consists of two parts: (1) developing and marketing new drugs through internal research‚ and (2) developing partnerships with smaller biotechnology companies. Since 1995‚ Merck had launched
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SOCI 155-101: SOCIAL PROBLEMS I have reviewed the Term Paper Outlines submitted by last week’s deadline. Most of you have been moving along nicely with the work related to the Term Paper and have accumulated a fair proportion of the points available at each stage. I will return your graded Outlines on Tuesday‚ April 15. Corrected Outlines may be turned in April 22 (Optional) to recuperate some of the points that may have been deducted. Outline Corrections will not be accepted after the end of
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Rhizopus Rot of Jackfruit Scot Nelson Department of Plant and Environmental Protection Sciences he plant genus Artocarpus comprises roughly 50 species of tropical trees native to the Pacific and South and Southeast Asia‚ several of which produce edible fruit. Jackfruit‚ Artocarpus heterophyllus‚ is a popu- lar garden species prized for its edible flowers‚ fruit‚ and seeds for fresh consumption or cooking. Jackfruit trees can reach over 60 ft in height and bear fruit that can be 2 feet
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Issue: Should corporations be socially responsible or just solely profit driven? Bibliography Ayn Rand. “the anti-industrial revolution” from the new left: The Anti0Industrial Revolution‚ Penguin Group New Zealand‚ Limited‚ 1996‚ 127-151 Joel bakan. “The Corporate rise to dominance” from The Corporation: The Pathological Pursuit of Profit and Power‚ Simon & Schuster‚ 2005‚ 5-27 John Steinbeck. “ The Grapes of Wrath: Chapter 5 “from The Grapes of Wrath‚ Josef Weinberger Plays‚ 2008‚
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without their past and current dedication of citizens Athens would not be what it was. Pericles truly believed in his citizens even at his death he believed that Athens was truly the best. “And if our more remote ancestors deserve praise‚ much more do our own fathers‚ who added to their inheritance‚ the empire that we now process‚ and spared no pains to be able to leave their acquisitions to us of the present generation.” (Thucydides) Pericles wanted the people to know that they did something significant
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Do you believe there is a critical period for forming an attachment? There is evidence both for and against the idea of a critical period. For example‚ Bowlby suggested that there is a critical period for forming an attachment‚ which is from the age of around 7 months to 3 years old. He suggests that if a child does not make an attachment during this critical period‚ then they never will. The idea of this is referred to as privation‚ which means that a child has never formed a bond. Some
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