Should Merck license the compound? Merck would be responsible for 1) the approval of Davanrik 2) the manufacture of Danavrik 3) marketing of Danavrik Merck would pay LAB for 1) initial fee 2) royalty on all sales 3) make additional pymts as Danavrik completed each stage of approval process (3 Phases) Additional facts: approval process should take 7 years patent will cover 17 years (7 of approval process nad 10 yr period of exclusivity beginning in yr 7) 1 Assumptions:
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scientific breakthrough for the pharmaceutical industry and lead to further development of drugs for other diseases. Merck then had to decide if they should abandon the drug altogether as it would be a financial loss or produce it and eliminate the disease and relieve tormented victims. It should be noted that either option chosen would be classified as ethical. There was no law that required Merck to produce the drug although societal backlash would be a consequent. However‚ choosing the alternative of financing
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MGT 4083-Technology Strategy Case Analysis Merck & Co.: Evaluating a Drug Licensing Opportunity Introduction: Davanrik is a new drug developed by LAB Pharmaceuticals‚ which has the potential to treat depression and obesity. Davanrik was initially developed to treat depression by stimulating the receptor in the serotonin system that promotes anti-depression. However‚ it was discovered that Davanrik also blocks the receptor that causes hunger. LAB Pharmaceuticals obtained a patent for Davanrik
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Should Merck license the compound? Merck would be responsible for 1) the approval of Davanrik 2) the manufacture of Danavrik 3) marketing of Danavrik Merck would pay LAB for 1) initial fee 2) royalty on all sales 3) make additional pymts as Danavrik completed each stage of approval process (3 Phases) Additional facts: approval process should take 7 years patent will cover 17 years (7 of approval process nad 10 yr period of exclusivity beginning in yr 7) 1 Assumptions: All Cash flows
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Q&A Related to "Essay for Advantages Disadvantages of Computer..." how to write an advantages and disadvantages essay? 1. Choose a topic you can write easily. For example‚ writing an advantage and disadvantage essay about wearing a bike helmet‚ shopping the day after Thanksgiving‚ or renting movies http://www.ehow.com/how_2103639_write-advantages-d... how to compare the advantages & disadvantages of computers? 1. Look at the processing power of the computers. This number is expressed in
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Disadvantages of Facebook Now it’s time to talk about some disadvantages of Facebook. There are some Disadvantages of Facebook beside these many advantages. Some of these disadvantages are : .#Facebook is Addicting! Facebook is too much addicting! Facebook is too too addicting! Yes it is indeed addicting which often kills your valuable time. Using Facebook for your need is not bad but when you waste most of your valuable time than it becomes bad. The biggest disadvantages of Facebook is it’s
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DISADVANTAGE OF EXTRACURRICULAR… Students have a variety of extracurricular activities to choose‚ from speech team to chorus to multiple sports for every season. This variety can benefit students immensely. According to the children’s education company Scholastic‚ extracurriculars let your child enjoy himself in a fun‚ stress-free environment‚ get some exercise and make friends outside of school. For all the positive aspects‚ extracurricular activities can cause some problems for students. Be
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people in the society‚ especially youths. Many of the youth uses internet computers to watch destructive programs stored in the computer. Also some People can use computer for a long time‚ without protection people can suffer eyes problem The disadvantages of computer in human life. As we see above‚ we got many advantages of Computer in Human Life. But‚ the computer also has its negative side. The rise of cyber crime‚ the use of chat rooms for indecent discussion‚ certain websites‚ which deal in
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Merck‚ Vioxx and the FDA Recall‚ case no. 6 1. I believe that Merck was completely responsible for everything that came along with releasing Vioxx to the public. The signs that the drug might not be as safe as they had hoped for should have been enough for them to halt on the release. It was unethical thing they did was not do all the research to find out how serious the effects of the drug really were. 2. Merck should have run more tests and found out the severity of the symptoms‚ and seen
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Double Taxation Double Taxation: Depending on what special rights and restrictions are attached to the shares‚ and how the profits of the corporation are paid out to the shareholders‚ there is the possibility of double taxation: the corporation must pay taxes on its profits and the shareholder may be subject to taxation on the profits paid out. This can result in greater taxation than if a corporation was not used for the business. C corporations pay taxes on profits when corporate income is distributed
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