Word: merck
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...companies are increasingly looking for ways to help ease the unavoidable conflicts between career and family. More than half of all U.S. firms provide some form of family benefits, ranging from paternity leave and flexible hours to assistance in finding the right nursing home for an elderly parent. The Merck pharmaceutical company helped start a day-care center near its Rahway, N.J., headquarters, and permits employees to start work as early as 7 a.m. or as late as 9:30 a.m. so that they can meet family obligations. Procter & Gamble offers workers unpaid child-care leave...
...increase in family pressure on workers creates costly problems for business. Studies conducted by several large corporations, including IBM, Merck and Corning Glass, show that family responsibilities often contribute to reduced performance, higher turnover, greater absenteeism and worsening health among workers. Companies also lose out when experienced employees turn down a transfer or a promotion because they cannot reconcile work and family...
...have the national recognition of a Genentech or Cetus, but Chiron Corp., a small genetic-engineering firm (1987 sales: $20 million) in Emeryville, Calif., has had more than its share of biotech success. Two years ago, a preparation it developed with New Jersey-based Merck to ward off the liver-damaging effects of hepatitis B became the first genetically engineered vaccine to win Food and Drug Administration approval for use in humans...
...cause an immune response.) In general, however, the vaccines have been quite effective; in recent years the National Academy of Sciences has reported only a handful of polio and diphtheria cases and only a few deaths caused by whooping cough and rubella. Maurice Hillemen, director of Pennsylvania's Merck Institute for Therapeutic Research, characterizes the early vaccine era as the "stumbling-along period...
...give me six quaaludes, and I'll go for the Merck Last time I used Squibb, it just wasn't that good...