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  3. The Moral Corporation
  • Cited by 5
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    • Publisher:
      Cambridge University Press
      Publication date:
      05 June 2012
      03 April 2006
      ISBN:
      9780511616860
      9780521864558
      9780521683838
      DOI:
      https://doi.org/10.1017/CBO9780511616860
      Dimensions:
      (228 x 152 mm)
      Weight & Pages:
      0.393kg, 196 Pages
      Dimensions:
      (228 x 152 mm)
      Weight & Pages:
      0.28kg, 196 Pages
      • Subjects:
      Area Studies, American History after 1945, American Studies, History
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    Subjects:
    Area Studies, American History after 1945, American Studies, History
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    Book 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.

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