P. Roy Vagelos grew up during the Depression as a wise-cracking son of Greek immigrants. He left his family's small restaurant to become a doctor and went on to master three professions and become the Chief Executive Officer of the multinational pharmaceutical giant, Merck & Co. Medicine, Science, and Merck follows Vangelos' life from childhood to retirement, from his academic years at the University of Pennsylvania, Columbia University's Medical School, and Massachusetts General Hospital through his professional career at the National Institute of Health, Washington University, and Merck. Throughout, Vagelos never lost touch with his family values, his intense desire to help others, and his faith in the partnership principle and the competition that makes it work. P. Roy Vagelos and Louis Galambos offer an unusual perspective on working in three leading professions: medicine, science, and business. They take readers inside the laboratory and boardroom of one of America's large corporations, analyzing the mistakes and the innovations of Merck. P. Roy Vagelos, M.D. served as CEO of Merck & Co., Inc. from 1985 to 1994. Before assuming responsibilities in business leadership, he had won scientific recognition as an authority on lipids and enzymes and as a research manager. The author of more than 100 scientific papers, Vagelos has been elected to the American Academy of Arts and Sciences, the National Academy of Sciences and the American Philosophical Society. Louis Galambos has written extensively on U.S. business-government relations, on economic aspects of modern institutional developments and on the rise of the bureaucratic state. A professor at Johns Hopkins University, Professor Galambos is the author of several books, including Anytime, Anywhere (Cambridge, 2002).
|Publisher:||Cambridge University Press|
|Product dimensions:||5.98(w) x 8.98(h) x 0.98(d)|
Table of Contents1. The making of a physician; 2. Hot science in big government; 3. The French alternative; 4. The research university - American style; 5. Turning the corner at Merck; 6. Crisis; 7. 'Blockbusters'; 8. On-the-job training; 9. Global aspirations; 10. The moral corporation; 11. Getting to know the Clintons; 12. Partners.
Most Helpful Customer Reviews
Medicine, Science and Merck based on 0 ratings. 1 reviews.
Roy Vagelos lived a rags-to-riches dream. He culminated his career as CEO of Merck, a giant company whose employees used to take lunch breaks at the store where he swept the floors as a boy. This is an inspiring tale, but not directly instructive. The author offers no tips for doctors, scientists or executives, nor does he address most of the current hot-button issues facing pharmaceutical companies. Vagelos simply, matter-of-factly presents the story of one man's life and achievements, without preaching or teaching. He does offer insights into scientific research (maybe too many, but this is his passion), into competitive hiring and into his management approach. His discussion of Merck's public health initiatives provides a much-needed counterpoint to the bad press the pharmaceutical industry has received in recent years. We suggest this book to those interested in Merck's history, in the pharmaceutical industry, in biochemistry or in a perfect example of an American immigrant's rise to success.