Merck company

At present, the social club is organise into three divisions 1) pharmaceuticals focusing on innovative prescription drugs 2) pharmaceuticals centred on generic prescription drugs and 3) consumer health comprised of diametrical activities much(prenominal) as health and medical nutrition including genetic engineering and the development of carrefours.2)The pharmaceutical manufacture is characterized by stiff competition. The international competitors of Merck ar international, search-based pharmaceutical and biotechnology companies that excessively sell branded, patent-protected, prescription treats. However, because Merck is beforehand in question and development, specifically in technologies, these create leverages for the fraternity to be at the top. Technologies help the company ease working loads make them faster and much accu appreciate.3)Research is advancing at a rapid pace. The application of research go outs the opportunity to improve productivity, character r eference, and cost control in education and research, hostage of health-related education, and reimbursement through new product development at Merck. While these advances in research promise great benefits such as higher quality euphony, enhanced workflow and increased efficiency, there is also the likely for precious resources to be squandered and the added pressure of long-suffering welf ar at stake.While Mercks research systems were intended to steam line financial management and automate manual processes, Pharmaceutical Industries now wait much greater functionality. The modern Pharmaceutical Industries is expected to link administrative, laboratory, financial and clinical data to provide faster diagnosis and better treatment.The application of research at Merck would highlight the potential benefits of new product development in increasing access, improving quality, and reducing cost. While there is consensus that event will result in substantial cost savings, new prod uct development can quantify the magnitude of the savings of Merck in a way that is scaleable to nationwide implementation.4)With the mission bid of Merck, the company aims to provide high leeway generic drugs. This objective resonate their mission of lowering or controlling the costs that they would pass onto their consumers. In order for Merck to achieve their objective, they must be able to find ways of lowering their production costs so that they will be able to lower the cost that they will pass onto their consumers. One of the policies that they implement to see this through is by focusing on research to develop and maintain technologies. For example, Merck invested in information technology. This consent toed them to create a web-based system that improved the companys management of inventories and orders by enhancing their speed and accuracy. By lessening the margins for errors, Merck will also be able to lessen their production cost.5)The website of Merck is able to adhe re to the prefatorial rules so as to ensure that the website created will be accessible. The patients and caregivers website of Merck is easy to read, easy to navigate and easy to find. In addition, the layout and design of the web is consistent throughout the site, plus the website and the shooted information regarding the medicinal drugs is quick to be downloaded. This suddenly contributes to understanding Mercks product line.REFERENCESCorporate Responsibility Committed to make a Difference. Retrieved May 23, 2007 from http//www.merck.comPatients & Caregivers plenary medical resources to keep you educated and informed. Retrieved May 23, 2007 from http//www.merck.com/product/patients_caregivers.htmlMerck CompanyIntroductionThe healthcare industry is composed of some different shammers who have the same goal which is to ensure the well-being of people, particularly with regards to their health. One such player in this industry is pharmaceutical companies. This paper will be a nalyzing the products of Merck Pharmaceutical Company concentrating on the sizeableness of research in the development of their products. It will also be presenting the companys mission statement and how consistent the company is in relation to its mission statement. Furthermore, it will take on whether the companys patient and care-givers site is helpful to the companys target audience or otherwise.Overview of Merck CompanyIn order to analyze Merck Pharmaceutical Company comprehensively, an overview astir(predicate) the company and its mission statement must first be schematic.Merck & Co. Inc. was established in 1891 with the concern on prioritizing the needs of patient that have been otherwise not met during this period. The company originally produces vaccines and medicines as well as delivering these to those who need them the about (About Merck 2008).Merck & Co. Inc. is also a global research pharmaceutical company. Its mission is to provide society with superior products and services by developing innovations and solutions that improve the quality of life and satisfy customer needs, and to provide employees with meaningful work and overture opportunities, and investors with a superior rate of return ( cathexis disputation 2008). The company is committed to the preservation and improvement of human life by maintaining high standards in its ethics, particularly in research in order to attain their mission (Mission Statement 2008). harvest-homes of Merck CompanyBecause of their continuous research, the company has been able to release new products for the betterment of todays society. The most recent product of the company that was licensed and approved by the Food and Drug Administration (FDA) of the united States was Gardasil, a cervical cancer vaccination. The company announced the release of the vaccine on March 19, 2008 ( produce News 2008).Gardasil is a vaccine that was developed in order to prevent the development of cervical cancer, dysplas tic lesions and genital warts among females from age nine to twenty-six. Based on their research, they had discovered that these diseases were caused by HPV types 6, 11, 16 and 18 ( reaping News 2008).Importance of Research to MerckResearch is extremely vital to the progress of Merck as a pharmaceutical company. Through their eonian and meticulous research, the company is able to create medicines that have become important in todays society. The companys research resources include the acquisition of the most advance tools in the market, chemistry, genomics and computerized molecular modeling. These resources allow the company to remain at the forefront of discovery in their industry (Our Research 2008).Because of the technology advancement and their meticulousness in hiring employees in their research and product development department, the company is able to create products that are able to satisfy the needs of their customers. At the same time, the availability of the most up-to- date technology allows the companys researchers to work in an environment for them to create meaningful and advancement opportunities. As a result, they are able to improve and preserve human life in todays society as well as impinge oning the companys mission statement and values (Mission Statement 2008).Patient and Caregivers SiteSince the company produces vaccines and medicines, there is always the possibility that it may be inappropriately administered which would cause adverse positioning effects to the patient which would not just aggravate the medical condition of the patient, but may also cause the caregiver to lose his or her license to practice.In order to prevent this, the company had provided a patient and caregivers site in order to properly educate the consumers of the companys products on side effects, dosage, flair of administration and situations when the product could not be used. The website is extremely helpful for both patients and caregivers. The main page p resents the call of the products so that the patient or the caregiver is able to locate more information about the medicine or vaccine.The page that discusses the medicine or vaccine is presented in two forms one is written in a simple and straight-to-the-point manner so that the average individual without any background in medicine would be able to understand information about the product comprehensively. It is also presented in a more technical and scientific way which can be comprehended only by someone who has a background in medicine such as a caregiver (Patient & Caregiver U.S. Product Web sites 2008).ConclusionFor a company such as Merck & Co. Inc., research is extremely vital in its operations since it is only through research that the company would be able to create products in order to meet their mission which is to provide superior vaccines and medicines in order to improve the quality of human life. One such example of this is the release of Gardasil, a vaccine develope d to prevent cervical cancer and other diseases among females from occurring. For patients and caregivers who would need information with regards to their products, the company provided a website where information about a particular vaccine or medicine would be understood by both patients and caregivers.ReferencesMerck & Co., Inc. (2008). About Merck. Retrieved on 08 April 2008, fromhttp//www.merck.com/about/.Merck & Co., Inc. (2008). Mission statement. Retrieved on 08 April 2008, fromhttp//www.merck.com/about/mission.html.