Presentation is loading. Please wait.

Presentation is loading. Please wait.

CIS /26/16 Rueben Julfaian Merck & Co.

Similar presentations


Presentation on theme: "CIS /26/16 Rueben Julfaian Merck & Co."— Presentation transcript:

1 CIS 1055-009 09/26/16 Rueben Julfaian Merck & Co.
Rueben Julfaian CIS CIS 09/26/16 Rueben Julfaian

2 Rueben Julfaian CIS History Of Merck Merck is one of the largest and oldest pharmaceutical companies that was started in 1668. The family still owns around 70% of the parent company called the “Merck Group”. The Company Merck & Co is actually a separate company founded by a relative who came to America. The company became nationalized in 1917. The Merck Family owns the name in 193 countries while America and Canada belong to the corporation. To the end

3 Products created by Merck & Co
Rueben Julfaian CIS Products created by Merck & Co Merck was the first to create vaccines for Hepatitis B, Chicken Pox, Mumps and Rubella. A group of scientist discovered the thiazide family of diuretics which are used to treat blood pressure in the 1950s. In 1987, Merck brought Mevacor into the market which was the first statin drug used to reduce cholesterol levels. Primaxin was brought into market in This drug was the first member of the carbapenem class of antibiotics which is used to treat nasty drug resistant bacteria.

4 Acquisitions by the company
Rueben Julfaian CIS Acquisitions by the company H. K. Mulford Company Charles E. Frosst Ltd Schering-Plough Diosynth Organon International OncoEthix IOmet Pharma Cubist Pharmaceutical Sharp & Dohme, Inc Medco which later on was sold to Express Scripts. Nobilon Intervet Idenix Pharmaceuticals Optimer Pharmaceuticals Afferent Pharmaceuticals

5 Rueben Julfaian CIS Controversy Merck paid Elsevier a scientific medical journal to create articles that seemed to be independent and peer reviewed. In 2008, Merck settled to pay more than 650 million dollars for failing to properly pay rebates to Medicaid. Vioxx was created to replace older drugs like naproxen. It was found that this drug created an increase risk for heart attacks and was pulled off the market. Merck settled the court cases for around 4.85 billion dollars.

6 Major Competitors Amogen Allergan Reckitt Benckiser Novartis
Rueben Julfaian CIS Major Competitors Amogen Reckitt Benckiser GlaxoSmithKline Boehringer Ingelheim Daiichi Sankyo Valeant Pharmaceuticals Shire Novo Nordisk Allergan Novartis Pfizer Sanofi Janssen Pharmaceutical Abbott Laboratories AstraZeneca Eli Lilly and Company

7 Stock Trend Rueben Julfaian CIS

8 Corporate Infrastructure
Rueben Julfaian CIS Corporate Infrastructure Kenneth C. Frazier (CEO) Sanat Chattopadhyay (VP) Mirian M. Graddick-Weir (VPHR) Julie L. Gerberding (CPO) Michael J. Holston (VP General Counsel) Robert M. Davis(CFO)

9 For More Information http://www.merck.com/index.html Back to the front
Rueben Julfaian CIS For More Information Back to the front


Download ppt "CIS /26/16 Rueben Julfaian Merck & Co."

Similar presentations


Ads by Google