Word: merck
(lookup in dictionary)
(lookup stats)
Dates: during 1990-1999
Sort By: most recent first
(reverse)
...rush by drug manufacturers to acquire large distribution networks that keep medicine prices down by buying in bulk. Last month Eli Lilly agreed to pay $4 billion for McKesson's PCS Health Systems, which provides drugs at deeply discounted prices to HMOS and insurance plans. The move followed Merck's 1993 acquisition of Medco, another national outlet. Such mergers worry some health-care experts. "Why would hospitals now want to deal with Medco?" asks Alan Shapiro, a finance professor at the University of Southern California business school. "Hospitals and HMOS dealt with it in the past because it was independent...
Most vaccine production is carried out by five major pharmaceutical companies: Merck, Smith-Kline Beecham, Connaught, Merieux and Medeva. But according to Dennis Panicali, president and CEO of the Cambridgebased Therion Biologics Corporation, it's the small biotechnology firms which are experimenting with more novel techniques for producing vaccines...
...nation's core industries. But that's exactly what the Career Forum was saying. At the vast majority of the companies that were there, students would have the opportunity to make a living but not to create new value. Only a few manufacturers, like Proctor & Gamble and Merck, showed up at the Forum. Shouldn't more businesses like P & G have been there to seek out bright people to help them run their companies and design their products? If more talented, qualified people worked in management for our nation's producers, would there even be a need for management consulting...
...last week's $4 billion agreement for financial conglomerate Primerica to acquire the 73% that it does not already own of Travelers, the insurance company. So too were AT&T's $12.6 billion deal for McCaw Cellular in August and the $6 billion merger agreement between drug firms Merck and Medco last July. "These deals are boring," says a disgruntled veteran of the '80s. "Today, you actually have to sell the stuff on the fundamentals" -- how well companies fit together...
...week after Clinton took the oath of office, Magaziner circulated a secret 26-page memo to the First Lady, Cabinet officers and a few close political advisers of the President. Drawing on the Merck speech, Magaziner asserted flatly that managed competition -- with caps on payments -- was the model for Clinton's reform. Ruling out more radical approaches, Magaziner's memo said further that the chief goal of the coming months was to work out the most controversial aspect of the plan: how to finance the new system...