The Moral Corporation: Merck Experiences / Edition 1

The Moral Corporation: Merck Experiences / Edition 1

by P. Roy Vagelos, Louis Galambos
     
 

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ISBN-10: 0521683831

ISBN-13: 9780521683838

Pub. Date: 03/31/2006

Publisher: Cambridge University Press

Merck and the pharmaceutical industry are headline news today. Controversies over public safety, prices, and the ability of the industry to develop the new drugs and vaccines that society needs have been covered worldwide. Roy Vagelos, who was head of research and then CEO at Merck from the mid-1970s through the early 1990s, addresses these issues here. Success

Overview

Merck and the pharmaceutical industry are headline news today. Controversies over public safety, prices, and the ability of the industry to develop the new drugs and vaccines that society needs have been covered worldwide. Roy Vagelos, who was head of research and then CEO at Merck from the mid-1970s through the early 1990s, addresses these issues here. Success with targeted research started Merck on a path that would lead to a series of block-buster therapies that carried the firm to the top of the global industry in the 1990s and Vagelos into the top position at the company. Trained as a physician and scientist, he had to learn how to run a successful business while holding to the highest principles of ethical behavior. He was not always successful. He and his co-author explain where and why he failed to achieve his goals and carefully analyze where he succeeded.

Product Details

ISBN-13:
9780521683838
Publisher:
Cambridge University Press
Publication date:
03/31/2006
Edition description:
New Edition
Pages:
196
Product dimensions:
5.98(w) x 8.98(h) x 0.55(d)

Table of Contents

1. The puzzle; 2. Professional path; 3. Turn around; 4. New drugs and public safety; 5. Corporate grooming; 6. Winning in global competition; 7. Prices and public interest; 8. Moral leadership; 9. Afterwards.

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