EXECUTIVE SUMMARY Statement of the Problem Merck & Co.‚ Inc.‚ a leading pharmaceutical company‚ faces the threat of the patents of its most popular drugs expiring in 2002. The only way to counter the loss of sales from these drugs going off patent is to develop new drugs in order to refresh the company’s portfolio. LAB Pharmaceuticals‚ a small pharmaceutical company who specializes in the treatment of neurological disorders‚ has approached Merck with the opportunity to license Davanrik‚ a new
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Merck‚ the FDA‚ and the VIOXX Recall MBA 520-D4C2 Ethics & Leadership in a Global Environment April 22‚ 2012 Merck and Vioxx Recall Did Merck act in social and ethical manner? In 2005‚ Merck was ranked fourth in sales among pharmaceutical companies. Merck had released the drug Vioxx‚ for treating Osteoarthritis in late 1990. Merck as a company has a reputation of being one of the most ethical and
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Merck & Co.‚ Inc.‚ which is a global health care company that delivers innovative health solutions through its prescription medicines‚ vaccines‚ biologic therapies‚ animal health‚ and consumer care products‚ has a long and rich history of working. There are some main stages of the whole history and background information. In 1851‚ Dr. Emst Christian Friedrich Schering begins developing and selling pharmaceutical products in Berlin. Three years later‚ the company opened its first production facility
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Merck is a global research-driven pharmaceutical company dedicated to putting patients first. Merck’s highest priority areas are Alzheimer’s disease‚ atherosclerosis‚ cardiovascular disease‚ diabetes‚ novel vaccines‚ obesity‚ oncology‚ pain and sleep disorders. In addition‚ and importantly for licensing‚ the following other areas remain of high interest for focused investment in new compounds and mechanisms: antibiotics‚ antifungals‚ antivirals (HCV and HIV)‚ asthma‚ COPD‚ neurodegeneration‚ ophthalmology
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Emotion –induced blindness Introduction Emotional visual scenes are powerful attracters of attention. Evidence suggests that emotional stimuli themselves attract attention‚ and they can disrupt perception of subsequent stimuli (Anderson and Phelps‚ 2001). In a visual attention search task‚ faster reaction time has been found when target is an emotional stimulus than neutral stimuli (Ohman‚ Lundqvist‚ & Esteves‚ 2001). From these result it seems that emotional stimuli enhance perception of such
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1. What sources of power do the key players have? What types of power do they have? What influencing tactics are used? As department chair‚ John Carl has position power. The case indicates that he has not been department chair for long. If he was promoted from among the faculty‚ he may have personal power as well. If he was hired from outside the college (and we are told that he has been there a shorter time than most of his faculty)‚ he probably has little personal power among the faculty
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cooperation in the case study of the Kosi river flooding The Kosi is a “river in Nepal and northern India. With its tributaries‚ the Kosi drains the eastern third of Nepal and part of Tibet‚ including the country around Mount Everest. Some of its headstreams rise beyond the Nepalese border in Tibet. About […] 48 km north of the Indian-Nepalese frontier‚ the Kosi is joined by several major tributaries and breaks southward through the Siwālik Hills at the narrow Chatra Gorge. The river then emerges on
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aim(s) of the study The primary aim of the study‚ stated in the introduction‚ is to assess change blindness in real life with direct participants rather than through television‚ photographs and computer screens. The experiment tests the hypothesis that people are more likely to detect changes in a scene when directly participating in the experiment. Due to the results of the initial experiment‚ the aim of the study evolved to assess the effect of social groups on change blindness. They hypothesised
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Love The saying ’love makes the world go round’ is accurate‚ in a metaphorical sense. Some people may disagree‚ saying that greed or money makes the world go round‚ but in order to be greedy you have to love something (or at least feel passionately about it) and the most common thing greedy people crave is money‚ even if it is to buy other things. Films are made about it‚ books and songs and poems are written‚ artists draw and paint and sculpt‚ people spend their entire lives waiting for ’The
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Tamar Kirkland Pd. 2 Title: 11/9/15 Choice Blindness Question: Does Choice Blindness occur more in females or males? Purpose: The purpose of this experiment is to see how much we pay attention to things we feel are confidently right‚ when they are actually wrong. I can conclude from this project if female pay more attention than males‚ and vice versa. Hypothesis: My Hypothesis is that if I show the female test subjects photos‚ a smell or jam that they did not choose‚ then more females
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