Merck & Co Case Study

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“A healthy body is a guest-chamber for the soul; a sick body is a prison (Sir Francis Bacon). Knowledge of the specific element in disease is the key to medicine (Amand Trousseau). Althought the aim of medicine is to prevent disease and prolong life, the ideal of medicine is to eliminate the need of a physician (William James Mayo)”. Merck & CO., Inc. is a Global healthcare company established in the year of 1891, in the state of New York. In the USA and Canada, the company name is Merck, everywhere else, known as MSD. This pharmaceutical business has thrived for the last 125 years. Currently Merck & CO., Inc. Headquarters is located in Kenilworth, NJ and operates in more than 140 countries. Merck & CO., Inc. approximately have 69,000 employees worldwide as of 6/30/17. Merck & CO., Inc. is the legal name registered with The New York Stock Exchange under the stock symbol “MRK” (Merck).
The vision of the company is to strive to make a difference
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Their corporate leadership starting from the top with Mr. Kenneth C. Frazier, who is currently the Chairman of the board & CEO, (2011-present). Mr. Frazier has held many titles with Merck like Senior Vice President & General Counsel, (1999-2006), Executive Vice President & General Counsel, (2006-2007), Executive Vice President and President, of Global Human Health, (2007) and President, (2010). Secondly, you have Mr. Sanat Chattopadhyay who is currently Executive Vice President & President of Merck Mfg. Division (2016). He brings a wealth of knowledge and titles from Aventis Pharmaceuticals, Senior vice president, Product Development & Supply, (2003-2005), Vice president, Technical Operations & Product Supply, Wyeth Pharmaceuticals, (2005-2007), Senior vice president, New Products & Process Development, Wyeth Pharmaceuticals, (2007-2009), and Senior vice president, Operations, Merck Mfg. Division,

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