Dordrecht 2013 Abstract This case study discusses the economic‚ legal‚ and ethical considerations for conducting clinical trials in a controversial context. In 2010‚ pharmaceutical giant Roche received a shame award by the Swiss non-governmental organization Berne Declaration and Greenpeace for conducting clinical trials with organs taken from executed prisoners in China. The company respected local regulations and industry ethical standards. However‚ medical associations condemned organs from executed
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14061605D Topic: Should animal testing for medical purposes be allowed to continue? Animal Testing is the research or experiment mainly conducted for education‚ commercial‚ scientific and medical purposes. It is commonly used in the medical field for developing new drugs and toxicology tests. Animal testing for medical uses helps to deal with different diseases and cancers. However‚ due to the protection of animal rights and ethical reasons‚ the question that whether animal testing should be banned is being
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Roche Holding AG: Funding the Genentech Acquisition Financial Policy March 5‚ 2015 Morgan Ephriam Kristopher Kirkpatrick Jasmine White 1. Statement of the Problem In the case Roche Holding AG: Funding the Acquisition‚ Roche and Genentech are interested in an acquisition. Roche is acquiring about receiving all outstanding shares of Genentech. Roche Holding AG is a Switzerland-based pharmaceuticals and diagnostics company. It discovers‚ develops and provides diagnostic and therapeutic products
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1) Why is Roche seeking to buy the 44% of Genentech it does not own? From Roche’s point of view‚ what are the advantages of owning 100% of Genentech? What are the risks? Roche is looking at this acquisition as a source of internal growth; the advantages are for research reasons‚ cutting cost creating a synergy by eliminating duplication of efforts and having easily access to Genentech’s free cash flow optimizing tax issues. Some analyst are concern that Genentech would lose its independence
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Case Sustainability Initiative at Roche Table of Contents Introduction 3 Sustainable development: the triple bottom line 3 Economic‚ social and environmental responsibility 3 Social responsibility: the key elements 5 Corporate Responsibility Innovation at Roche 5 What is corporate responsibility? 5 Corporate responsibility according to the Roche corporate brochure 6 Target of responsibility as reflected in reported organizational structures‚ policies and practices. 7 Gaining competitive
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Over the years animal testing has become a frequent‚ inhumane practice. In the cosmetic industry‚ over 100 million animals are harmed or killed every year for the testing of products. According to PETA‚ who are the People for the Ethical Treatment of Animals‚ the majority of makeup brands are responsible for the cruel and torturous actions brought upon the innocent lives of animals. I am sure all of you make-up fanatics have heard of Avon? Estee Lauder? MAC? Revlon? These are a few of the famous
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Advanced Corporate Finance Final Case: Roche 1 2 Reasons for Roche’s 100% ownership of Genentech Since Roche and Genentech both operate in the pharmaceutical industry‚ but still have their own specialty‚ they can benefit from a partnership. Roche owns a majority stake in Genentech since 1990 and since 2007‚ it owns 56% of Genentech. Genentech was founded in 1976‚ their focus lies on biotechnology in which they are the second largest firm of the world. Genentech had become an important
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1 Roche 2013 results London‚ 30 January 2014 2 This presentation contains certain forward-looking statements. These forward-looking statements may be identified by words such as ‘believes’‚ ‘expects’‚ ‘anticipates’‚ ‘projects’‚ ‘intends’‚ ‘should’‚ ‘seeks’‚ ‘estimates’‚ ‘future’ or similar expressions or by discussion of‚ among other things‚ strategy‚ goals‚ plans or intentions. Various factors may cause actual results to differ materially in the future from those reflected in forward-looking
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environment of animal testing is extremely well in modern. It is a positive and efficient way to help people researching and trying in different kinds of professional fields‚ such as drugs‚ scientific technologies‚ food additives‚ GM food‚ human behaviors‚ clone and organ transplantation. In fact‚ there are no people and even impossible find another way instead of animal testing‚ because people’s researches have to use lives to test. Therefore‚ people’s process without animal testing that will inhibit
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development in every sector of the economy. Success lies in the ability to adapt with changing times. The Roche Group is a leading international healthcare company with principal businesses in pharmaceuticals‚ diagnostics and vitamins. The company is active in more than 150 countries and employs approximately 62‚000 people worldwide. The Roche corporate headquarters are in Basel‚ Switzerland. Roche is committed to improving healthcare by discovering‚ developing‚ manufacturing and providing pharmaceutical
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