Merck and Co. Inc.

From Powerbase
Revision as of 18:23, 24 April 2006 by David (talk | contribs) (External links)
Jump to: navigation, search

Merck & Co., Inc. describes itself as "a global research-driven pharmaceutical company dedicated to putting patients first." [1] "Putting patients first" has so far "led to more than 27,000 heart attacks and sudden cardiac deaths" [2] through their arthritis treatment Vioxx between its approval in 1999 and its withdrawal from the market in 2004.

History and importance

Merck & Co., Inc. should not be confused with Merck KGaA.

Corporate social responsibility at Merck

From the Merck website: "At Merck, our business is discovering, developing and delivering novel medicines and vaccines that can make a difference in people's lives. But our mission also entails something more. As a Company, we seek to maintain high ethical standards and a culture that values honesty, integrity and transparency in all that we do. Company decisions are driven by what is right for patients. And we are committed to our employees, to the environment in which we live and to the communities we serve worldwide." [3]

This statement has to be seen in contrast with Merck's Vioxx scandal and their range of products, especially the absence of any Malaria treatment. "Malaria kills an estimated 2.5 million people a year, the majority of these African children aged below five years old. While western pharmaceutical companies have invested approximately £ 11bn over the past decade in "lifestyle drugs" for impotence, weight loss, baldness, smoking and ageing, the product development budget for the Tropical Disease Research (TDR) programme, a joint effort from the World Health Organisation (WHO), World Bank, and United Nations Development Programme (UNDP), averages £ 6m per year. [..] It would be impossible for the drugs companies to make a profit in African and Asian countries where the average wage can be as little as £ 1 per day and, in Africa, economic growth is slowing by 1.3% per year as a direct result of malaria alone." (The Herald (Glasgow), August 20, 2004)

Products

Merck provides different lists of products for patients and healthcare professionals. That for professionals includes medicines and a vaccine that are partly not approved yet.

Patients get information on:

  • Rotateq, a rotavirus vaccine for children [4]
  • Crixivan, an antiretroviral agent for HIV patients, recommended to be taken in combination with other antiretroviral agents [5]
  • Emend, a medication to suppress nausea and vomiting as side effects of chemotherapy [6]
  • Fosamax, an Osteoporosis medication [7]
  • Fosamax Plus D, with added vitamin D [8]
  • Maxalt, a painkiller for migraine patients [9]
  • Propecia, treatment for male hair loss [10]
  • Proscar, a medication for prostate treatment [11]
  • Singulair, an asthma and allergy treatment [12]
  • Vioxx, a painkiller for arthritis patients. The link [13] provided by Merck only shows Merck's hideous attempt to justify the Vioxx scandal (see below)
  • Zocor, a cholesterol medication [14]

The Vioxx scandal

Management committee

External links

  • http://www.merck.com
  • Beth Pearson, "Malaria: why make a killing?;It kills 2.5 million people every year, yet no one was interested in finding a cure. There just wasn't enough profit in it. Now scientists in Dundee are leading a pharmaceutical revolution", The Herald (Glasgow), August 20, 2004.