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Moral Corporation Merck Experiences

ISBN-10: 0521683831
ISBN-13: 9780521683838
Edition: 2006
List price: $30.99 Buy it from $19.71
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Description: 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  More...

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Book details

List price: $30.99
Copyright year: 2006
Publisher: Cambridge University Press
Publication date: 4/3/2006
Binding: Paperback
Pages: 196
Size: 6.00" wide x 9.25" long x 0.50" tall
Weight: 0.594
Language: English

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.

The puzzle
Professional path
Turn around
New drugs and public safety
Corporate grooming
Winning in global competition
Prices and public interest
Moral leadership
Afterwards

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