The Moral Corporation: Merck Experiences

by P. Roy Vagelos (Author), Louis Galambos (Author)

Product 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 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.

About the Author
P. Roy Vagelos is retired Chairman of Merck & Co., Inc; Chairman of Regeneron
Pharmaceuticals Inc.; and Chairman of Theravance Corporation. Louis Galambos is
Professor of History at The Johns Hopkins University in Baltimore, Maryland and
the editor of The Papers of Dwight David Eisenhower. He is the coauthor of
Networks of Innovation (Cambridge, 1995) and Anytime, Anywhere (Cambridge, 2002).

Product Details

Hardcover: 196 pages
Publisher: Cambridge University Press; 1 edition (April 10, 2006)
Language: English
ISBN-10: 0521864550



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