Description |
1 online resource : illustrations |
Series |
SAGE Knowledge. Cases |
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SAGE Knowledge. Cases
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Summary |
Influenced by the preliminary results of an internal clinical trial, Raymond Gilmartin, CEO of Merck, announced that the company was pulling its blockbuster arthritis drug Vioxx® from the worldwide market on September 30, 2004. Merck & Company, Inc., once the worlds largest pharmaceutical company, saw its stock price plummet 27% after the recall announcement. Facing recent sales declines, a barrage of lawsuits, and two separate government investigations, Merck is losing its once-stellar reputation in the pharmaceutical industry |
Notes |
Originally published: Gust, A. M., Bartucci, G. D., & ORourke, J. S. (2005). Merck & Company, Inc.: The recall of Vioxx® (A). 05-01 (A). Notre Dame, IN: The Eugene D. Fanning Center for Business Communication, Mendoza College of Business, University of Notre Dame |
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Description based on XML content |
Subject |
Merck & Co.
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SUBJECT |
Merck & Co. fast |
Subject |
Pharmaceutical industry -- Public relations
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Product recall.
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Antiarthritic agents -- Testing
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Antiarthritic agents -- Testing
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Pharmaceutical industry -- Public relations
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Product recall
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Genre/Form |
Case studies.
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Études de cas.
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Form |
Electronic book
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Author |
Bartucci, Grant D., author
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O'Rourke, James S., 1946- author.
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ISBN |
9781526406385 |
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1526406381 |
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