The moral corporation--Merck experiences

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Title:

Author:

Vagelos, P. Roy.

ISBN:

9780521864558

9780521683838

Personal Author:

Vagelos, P. Roy.

Publication Information:

New York : Cambridge University Press, 2006.

Physical Description:

ix, 185 p. ; 24 cm.

General Note:

Includes index.

Contents:

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

Personal Subject:

Vagelos, P. Roy.

Corporate Subject:

Merck & Co. -- Management.

Subject Term:

Pharmaceutical industry -- Moral and ethical aspects -- United States.

Business ethics.

Social responsibility of business.

Added Author:

Galambos, Louis.

Electronic Access:

Publisher description http://www.loc.gov/catdir/enhancements/fy0633/2006002543-d.html

Copies:

Available:*

Library	Material Type	Item Barcode	Shelf Number	Copy	Status
Searching... 1:IIEMSA	1:GEN-BOOK	33168023686922	338.7 V126M 2006	1	Searching... Unknown
Searching... 1:IIEMSA	1:GEN-BOOK	33168025435286	338.7 V126M 2006	2	Searching... Unknown

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Summary

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.