Merck Ethics Study In developing a drug to combat river blindness‚ pharmaceutical company Merck discovered an opportunity to treat millions of affected peoples around the world that probably would never see commercial use. The drug in development‚ ivermectin‚ was unaffordable to the primary victims of river blindness‚ Third World peoples. Thus‚ Dr. Vagelos‚ the head of research at the time‚ treaded upon a ethical quagmire; he could either choose to scrap the drug and its further research or
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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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Analysis on Merck: Conflict and change Assessment: Merck is one of the biggest pharmaceutical companies in the world today. Although encountered with success‚ it still faces many problems today while trying to be the market leader competing against its competition. While being research and development driven company‚ Merck now has to go beyond R&D to stay competitive in the pharmaceutical industry. The main issue that seems to come
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TO: 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
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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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c. Moody’s Investors Service downgraded the long-term senior unsecured rating of AZN from A1 to Aa2 in 2007. Assess any potential association between this downgrade and AZN’s arrangements with Merck. Paris‚ July 30‚ 2007 -- Moody’s Investors Service downgraded the long-term senior unsecured ratings of AstraZeneca plc and its guaranteed subsidiary to A1 from Aa2. This downgrade followed the announcement of AstraZeneca’s acquisition of MedImmune for a total consideration of more than US$15 billion
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MERCK & COMPANY INC Kady Doyle Rudy Hsieh Eunkyung Jun Joey Petrella Mastura Zaini Table of Contents 2 Overview of Merck & Co Inc. 3 Case Abstract 4 History 5 Timeline of Important Milestones 5 Vision Statement 7 Mission Statement 7 Opportunities 9 Threats 9 External Factor Evaluation (EFE) Matrix 9 CPM 11 Internal Audit 12 Strengths 13 Weaknesses 13 Financial Ratio Analysis 13 Company and Industry Performance 14 Internal Factor Evaluation (IFE)
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100056 Acetic acid (glacial) 100% suitable for use as excipient EMPROVE® exp Ph Eur‚BP‚JP‚USP‚E 260 For general questions please contact our Customer Service: Merck KGaA Frankfurter Str. 250 64293 Darmstadt Germany Phone: +49 6151 72-0 Fax: +49 6151 72 2000 01 March 2014 Product number Packaging Qty/Pk 1000562500 Glass bottle 2.5 l 1000569025 Plastic container 25 l 1000569190 Plastic barrel 190 l Accessories 101595 Chemizorb® H+ Absorbent and neutralizer for spilled acids
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Case Overview: November 1997‚ Tom Casola‚ PROPECIA brand manager for Merck planned to launch with regulatory changes by the FDA in two months (likely launch Date: January 1998) PROPECIA (Expected FDA approval December 1997) represented a major breakthrough in the treatment of Male Patter Hair Loss (MPHL) “balding”. Merk’s 1st consumer-driven product (prescription needed) Direct-to-Consumer Ads key to building demand PROPECIA (Finasteride) originally developed for treating enlarged prostates
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How many of you work in a place where you get up in the morning and say‚ “I can’t wait to get to work and start the fun day ahead of me!” Wouldn’t it be entertaining to play games and enjoy your day at your daily job? Everyone has there own opinion on the ideal workplace. Numerous companies are aware of the advantages of having a motivated work-force; however‚ only a small amount does anything about it. Even the companies that are active about motivating there personnel‚ leave it in the hands
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