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Top News In மெர்க் கையேடு வீடு ஆரோக்கியம் கையேடு Today - Breaking & Trending Today

UPDATE 1-Germany's Merck boosts BioNTech lipid supply amid vaccine shortages

EU Commission flagged concerns over lipid shortage (Adds background on lipids) ....

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Long-time Merck CEO Ken Frazier to retire - The Hindu BusinessLine

Long-time Merck CEO Ken Frazier to retire
PTI
Washington |
Updated on
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Among the four Black CEOs to head a Fortune 500 company in the US, Frazier took on Trump for his tacit support of white supremacists
Long-time Merck executive Ken Frazier, whose leadership helped bring the drugmaker one of the most lucrative medicines in history and who is one of the few remaining Black CEOs of a major corporation, is retiring.
Frazier, Merck’s CEO since early 2011 and an advocate for minority advancement who took on then-President Trump’s tacit support of white supremacists, will retire in July.
Frazier, 66, will be replaced by Rob Davis, the chief financial officer, the company said on Thursday as it announced quarterly financial results. Frazier will become executive chairman of the board during a transition period. The change comes just months after Dr. Dean Li took over as head of Merck’s research and development. ....

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Merck knew anti-baldness drug Propecia had risk of suicidal behavior

Merck decided not to warn consumers of those potential risks in a 2011 update of the popular drug's label. ....

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Pfizer will make $15 billion from Covid-19 vaccine sales — Quartz

$12 billion
Pfizer plans on selling 2 billion doses of the vaccine this year, but that demand should subside in coming years so the revenue of Covid-19 vaccine won’t be stable, Pfizer’s CEO Albert Bourla said on an call with analysts and investors. The company expects to continue profiting from it by selling booster doses, including ones required to shield against new variants of the virus, Bourla said. Further, Pfizer is pursuing more avenues to employ the mRNA technology underlying the vaccine, including a flu vaccine and other therapeutic applications.
During the call, Bourla also noted that once the pandemic period is over, the company expects to improve its margins for the vaccine. This would be due to a combination of overall bigger production volumes and an ability to negotiate prices outside an emergency setting. ....

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Merck Named to FORTUNE's List of World's Most Admired Compan

CONTENT: Blog
Merck was named one of the World’s Most Admired Companies by Fortune magazine. The publication released its annual list, ranking Merck among its ‘All-Star’ companies moving up 12 spots on the list from 2020. The company was also ranked the No. 2 most admired company in the pharmaceutical industry.
To compile the rankings, corporate reputation and performance are measured against nine key attributes: innovation, people management, use of corporate assets, social responsibility, quality of management, financial soundness, long-term investment, quality of products and services, and global competitiveness.
Operating responsibly is at the heart of what we do. Learn more in our Corporate Responsibility Report. ....

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