Merck company

At present, the political party is organized into three divisions 1) pharmaceutics focusing on modern prescription drugs 2) pharmaceuticals centred on generic prescription drugs and 3) consumer health comprised of different activities such(prenominal) as health and medical nutrition including genetic engineering and the ripening of intersection points.2)The pharmaceutical industry is characterized by stiff competition. The international competitors of Merck are international, search-based pharmaceutical and bio engine room companies that also sell branded, patent-protected, prescription euphonys. However, because Merck is ahead in investigate and discipline, specifically in technologies, these create leverages for the federation to be at the top. Technologies suffice the follow ease working loads make them faster and more accurate.3)Research is advancing at a rapid pace. The application of interrogation posts the opportunity to improve productivity, timbre, and cost c ontrol in education and research, certificate of health-related information, and reimbursement through new product development at Merck. duration these advances in research promise huge benefits such as risqueer reference medicine, enhanced workflow and increased efficiency, there is also the potential for unprecedented resources to be squandered and the added pressure of uncomplaining welfare at stake.While Mercks research outlines were intended to steam line financial counselling and automate manual processes, Pharmaceutical Industries now require 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 increase access, improving quality, and reducing be. While there is consensus that head ordain result in substantial cost savings, new product development sight quantify the magnitude of the savings of Merck in a way that is scale fit to across the country implementation.4)With the tutelage statement of Merck, the social club aims to provide high margin generic drugs. This objective resonate their delegation of lowering or controlling the costs that they would pass onto their consumers. In straddle for Merck to achieve their objective, they must be competent to find ways of lowering their achievement costs so that they will be able to lower the cost that they will pass onto their consumers. whizz of the policies that they implemented to see this through is by focusing on research to develop and maintain technologies. For example, Merck invested in information technology. This allowed them to create a web-based system that improved the social clubs management of inventories and beau mondes by enhancing their speed and accuracy. By lessening the margins for errors, Merck will also be able to lessen their p roduction cost.5)The website of Merck is able to adhere to the basic rules so as to ensure that the website created will be accessible. The long-sufferings and caregivers website of Merck is easy to read, easy to navigate and easy to find. In addition, the layout and send off of the web is consistent throughout the site, plus the website and the needed information regarding the medicines is fast(a) to be downloaded. This absolutely contributes to understanding Mercks product line.REFERENCESCorporate state Committed to make a Difference. Retrieved May 23, 2007 from http//www.merck.comPatients & Caregivers Comprehensive medical resources to economise you educated and informed. Retrieved May 23, 2007 from http//www.merck.com/product/patients_caregivers.htmlMerck CompanyIntroductionThe healthcare industry is compose of many different players who have the same goal which is to ensure the benefit of people, particularly with regards to their health. One such player in this industr y is pharmaceutical companies. This paper will be analyzing the products of Merck Pharmaceutical Company concentrating on the grandness of research in the development of their products. It will also be presenting the fellowships mission statement and how consistent the company is in apprisal to its mission statement. Furthermore, it will analyze 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 about the company and its mission statement must first be established.Merck & Co. Inc. was established in 1891 with the care on prioritizing the unavoidably of patient that have been otherwise not met during this period. The company primarily produces vaccines and medicines as wholesome as delivering these to those who need them the most ( approximately Merck 2008).Merck & Co. Inc. is also a global research pharmaceutical compan y. 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 rise opportunities, and investors with a superior rate of return (Mission Statement 2008). The company is committed to the preservation and improvement of gentle life by maintaining high standards in its ethics, particularly in research in order to give their mission (Mission Statement 2008). crossways of Merck CompanyBecause of their continuous research, the company has been able to deplete 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 system (FDA) of the United States was Gardasil, a cervical cancer vaccination. The company announced the judgment of dismissal of the vaccine on March 19, 2008 (Product News 2008).Gardasil is a vaccine that was developed in order to prevent the development of cervical cancer, dysplastic 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 (Product News 2008).Importance of Research to MerckResearch is super racy to the progress of Merck as a pharmaceutical company. Through their constant and meticulous research, the company is able to create medicines that have become important in todays society. The companys research resources include the encyclopaedism of the most advance tools in the market, chemistry, genomics and computerized molecular modeling. These resources allow the company to tolerate at the forefront of discovery in their industry (Our Research 2008).Because of the technology onward motion 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 c ustomers. 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 humane life in todays society as well as meeting the companys mission statement and determine (Mission Statement 2008).Patient and Caregivers SiteSince the company produces vaccines and medicines, there is always the possibility that it whitethorn be inappropriately administered which would cause adverse side 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, sort of administration and situations when the product could not be used. The website is extrem ely helpful for two patients and caregivers. The main page presents the names 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 maven is written in a simple and straight-to-the-point manner so that the median(a) 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 get the picture 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 developed 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.