Preview

Learningbydoing

Powerful Essays
Open Document
Open Document
654 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Learningbydoing
“Merck & Co., Inc – 2009”

Diajukan Untuk Memenuhi Tuntutan Mata Kuliah
Strategic Management
BSAD 422

Kelompok 5:
Sampul, Pricilia Devita
Lapod, Azazya Stephanie
Malintoi, Allen
Otampi, Oktaviana
Sumampouw, Christine
Thelman, Inri

FAKULTAS EKONOMI
UNIVERSITAS KLABAT
SUMMER 2013
INTRODUCTION
Merck didirikan pada 1891
Pendiri Merck Co & Inc adalah George Merck
CEO Merck saat ini adalah Richard Clark
Tahun 1980-an. Merck sukses dengan menjadi penggerak penilitan dan menjaga proses pembuatan produk-produk baru dan inovatif.
Merck adalah pelopor 10 obat baru
Merck banyak menandatangani perjanjian joint venture/akuisisi
Tahun 2004. Merck menarik Vioxx (kasus ini berlangsung dari tahun 2004-2007)
Tahun 2008. Merck menandatangani penyelesaian dengan Komite pengarah penggugat
Tahun 2009. Merck mengakuisisi Schering-Plough (9 Maret 2009) & (complete 3 November 2009)

Vision Statement:
“Our vision is to make a difference in the lives of people globally through our innovatives medicine, vaccines, biologic therapies, consumer health, and animal product.”

Mission Statement:
“Our mission is to provide innovative, distinctive products and service that save and improve lives, satisfy customer needs and to be recognized as a great place to work.”

Strategic Objective:
Improving Life : We embrace our quest to tackle health challenges because we are inspired by the differences we can make in the lives of people around the world.
Ethics & Integrity : We are committed to the highest standards of ethics and integrity. We are responsible to our customers, to Merck employees, to the environments we inhabit, and to the societies we serve worldwide.
Innovation : We are dedicated to the highest level of scientific excellence. We strive to identify the most critical needs of consumers and customers, and through continuous innovation we challenge ourselves to meet those needs.
Access to Health : We aspire to improve the health and

You May Also Find These Documents Helpful

  • Good Essays

    Recognizing that wellness is an integral part of living, they have supported numerous research and demonstration projects dedicated to expanding the health consciousness of people of all ages and from all walks of life and cultural backgrounds. Just a few examples:…

    • 595 Words
    • 3 Pages
    Good Essays
  • Good Essays

    The mission statement is truly a permeating theme throughout all of their media and offerings. It seems like this company is out to make a difference in several previously underrepresented patients lives an in doing so, capture, if not dominate, market share in their field, thus achieving what every upstart pharmaceutical company aims to do, and they are doing it because they adhered to their…

    • 759 Words
    • 4 Pages
    Good Essays
  • Better Essays

    • We are committed to the health and wellness of our community. As such, we…

    • 1189 Words
    • 5 Pages
    Better Essays
  • Better Essays

    This was an U.S. based company and it had opened its subsidiary by the name of CompCare where it has formulated the new drug so that it can sell that drug to all individuals and various pharmacies outlets on the basis of required prescription. Once FDA researched and they discovered that PharmaCare pharmacist are reformulating the drug AD23 to maximize its effects, CompCare will get protected by patenting the new drug under the FDA and U.S. patent and U.S. Federal Trademark laws. (“STATE REGULATION OF COMPOUNDING PHARMACIES”)…

    • 2774 Words
    • 12 Pages
    Better Essays
  • Satisfactory Essays

    Diverse Workforce Goal

    • 70 Words
    • 1 Page

    Our goal is to make a difference in the lives we touch every day by staying true to our values and…

    • 70 Words
    • 1 Page
    Satisfactory Essays
  • Powerful Essays

    Merck Case Study

    • 6941 Words
    • 28 Pages

    This case study will strive to identify areas of concern and opportunity, offer solutions, and make projections based upon historic data related to Merck and its competitors. The information utilized will be derived from sales figures, patents, balance sheets, cash flow statements, and income statements. Historical information including any past issues with drug recalls, lawsuits, management miscalculations, executive vision, or other issues will be examined. Proposed upgrades, solutions, and corporate direction will be offered; and a plan to fuse the existing business plan with a revised, more current business plan will be paramount.…

    • 6941 Words
    • 28 Pages
    Powerful Essays
  • Satisfactory Essays

    Team4GlucoGauge

    • 497 Words
    • 6 Pages

    the impact our products have on their lives, the lives of their loved ones, and their healthcare providers.…

    • 497 Words
    • 6 Pages
    Satisfactory Essays
  • Good Essays

    different perspectives

    • 490 Words
    • 2 Pages

    Merck suffered from ‘not invented here’ syndrome (close innovation) meaning that if a product was not created and developed at Merck, it could not be good enough.…

    • 490 Words
    • 2 Pages
    Good Essays
  • Better Essays

    Merck & Co

    • 1066 Words
    • 5 Pages

    Merck had a 14% increase in sales between 1997 and 1998 and 22% increase in sales from 1998 – 1999, and a 13% annual increase in earnings over the same period. Merck’s business strategy consists of two parts: (1) developing and marketing new drugs through internal research, and (2) developing partnerships with smaller biotechnology companies. Since 1995, Merck had launched 15 new products that earned $5.9 billion on sales of $32.7 billion. Furthermore, Merck may agree to license new drugs from other firms and with its larger capital and greater assets, can assume the risk of submitting the drug through various regulatory approval phases. If the drug becomes profitable, Merck can earn significant cash flows while paying a royalty to the licensor. However, most important is the option that Merck has in deciding when to abandon or continue on this project (deferability or optionality). If Merck reaches a point when its expected NPV is negative, it can simply abandon the project.…

    • 1066 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    Cherokee Persuasive Essay

    • 4664 Words
    • 19 Pages

    We will enable people to experience a better quality of life by providing enriching and inspiring lifestyle solutions’.…

    • 4664 Words
    • 19 Pages
    Powerful Essays
  • Good Essays

    Amway History

    • 616 Words
    • 3 Pages

    Our vision is quite simple. We work each and every day to help people live better lives. We achieve our vision by helping people everywhere discover their potential and achieve their goals by offering better brands and opportunities for the future, and by sharing…

    • 616 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Walmart Powers Online

    • 599 Words
    • 3 Pages

    mission statement “We feature a great selection of highquality merchandise, friendly service and, of course, Every…

    • 599 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Ritemed

    • 1176 Words
    • 5 Pages

    We are the trailblazers in making available to the entire Filipino nation economically priced quality medicines, relentlessly pursuing this noble goal.…

    • 1176 Words
    • 5 Pages
    Powerful Essays
  • Satisfactory Essays

    We are an innovative, technologically advanced, innovative company working on providing customers to newest and best of food products available around the world.…

    • 261 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Our mission is providing first class healthy product to the world that enriches their eating pattern and also give opportunities and financial rewards to our employee and partners. Serve pure product with honesty and care.…

    • 2623 Words
    • 8 Pages
    Powerful Essays