Discussion question
On the basis of interim results from a clinical trial, Merck pulled Vioxx off the market. The results indicate that patients who have been taking the drug for 18 months have twice the risk of suffering a heart attack or stroke than those taking a placebo. Vioxx had worldwide sales of $2.5 billion last year. While Merck’s action was generally lauded, critics argue that earlier studies indicated this issue as well. The stock market reacted swiftly, reducing the price from $45 to $33. Now Merck and its investors must brace for the inevitable lawsuits from those who believe they were harmed by the drug. Beyond the legal liabilities, Merck also faces challenges from expiring patents on successful drugs and the risky business of developing and marketing new drugs.
“Merck Pulls Vioxx From Market After Link to Heart Problems,” by Barbara Martinez and others, Wall Street Journal, Thursday, October 1, 2004, page A1.
1. Why did Merck’s price fall so significantly?
2. As CEO of Merck, Raymond Gilmartin made the decision to stop sales of Vioxx. Should he have withheld this information since it would have a clear negative effect on share price and he has an obligation to maximize the value of these shares?
3.How can Merck rebuild its share value after the Vioxx recall?
student reply 1
1. Merck’s price fell significantly because shareholders were expecting the release of a new drug into the market by Merck, but instead there will most likely be lawsuits that will definitely affect the bottom line of the company. Not only will there be lawsuits, but having a drug go through the last stages of testing and it come out that it causes heart attacks and strokes looks very bad for Merck. It makes it look that Merck knew about the issue, but cared more about the money to be made than the harm it could cause the public.
2. He does have an obligation to the shareholders no doubt, but at the time the damage was done and the best way to move forward was to take the loss and build from there. If Vioxx had been pushed through production and out to the public then the repercussions would have been much worse. Withholding the information about pulling Vioxx would only have delayed the hit they took and most likely made it worse by looking to cover it up further.
3. Merck has to get ahead of all the negative publicity they will now face. They need to come out and take ownership for their mistake then say they are going to continue to research and produce drugs that make our lives better. Stock price may stay low for a bit, but when the next big drug breakthrough comes out in the news everyone will be back on board and wanting to buy stocks for fear of missing out on stock growth. The only way to truly come back is to mitigate the damage and make sure the next drug you come out with you have done your due diligence on and comes out with no snags.
Student reply 2
1. Why did Merck’s price fall so significantly?
Merck’s price fall significantly because having drugs increase the risk of suffering a heart attack or stroke. Merck’s may face lawsuits. Furthermore, it also will face challenges from expiring patents on successful drugs and the risky business of developing and marketing new drugs. Facing so many challenges, people will doubt the financial conditions of the company so the prices fall down.
2. As CEO of Merck, Raymond Gilmartin made the decision to stop sales of Vioxx. Should he have withheld this information since it would have a clear negative effect on share price and he has an obligation to maximize the value of these shares?
The CEO of Merck does have the obligation to maximize the value of these shares but it is not a good idea to withhold this information because as many patients have suffered the increased risk of heart attack and stroke because of the drugs, the information will disclosure from somewhere else. It will damage the company’s image and cause customers distrusting of their products if the CEO hide the truth.
3. How can Merck rebuild its share value after the Vioxx recall?
Merck’s should face all the challenges and restore its reputation. He can tell his customer that they are trying to find the reason why old drugs failed and develop a new drug that has a better effect. Once finished the new drugs, the stock share will increase.
Student Reply 3
1. Why did Merck’s price fall so significantly?
The price fell because of the successful drug, that proved to have major side effects. Instead they would be getting lawsuits from users who feel they may be harmed. This caused the price to fall.
2. As CEO of Merck, Raymond Gilmartin made the decision to stop sales of Vioxx. Should he have withheld this information since it would have a clear negative effect on share price and he has an obligation to maximize the value of these shares?
He made the right decision to pull the drug. No matter the negative effect, ethically it’s better to pull than to potentially cause major damage to people. Yes, the shareholders may get upset, but I think it was a good decision. It may have been legal repercussions for withholding that kind of information also.
3.How can Merck rebuild its share value after the Vioxx recall?
I think honest goes a long way. He can be honest with the public, and let them know what’s going, what it would take to fix, and what’s the next move. This reminds me of Tylenol pm, when it was recalled. It cost them alot but they took it off the shelves until it right, now it back selling again.
requirement: I need one discussion answer and three reply to those student. no word limit.
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BHE226 Trident University Using Media to Advocate and Influence Paper
/in Uncategorized /by JosephThe Session Long Project entails you going through the process of influencing policymakers. Review the Oklahoma Rehabilitation Council Advocacy Toolbox. Read the “Writing to government officials or lobbyists” and the “Opposing a Proposal” and the “Supporting a Proposal” sample letters. Additionally, read “Changing public opinion” for this assignment.
Note: The first two pages must address above items 1-4. The third page is a one-page letter on “opposing a proposal” or “supporting a proposal” and encompasses the information from your required readings.
Length: 3 pages (excluding the cover page and the reference list).
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This is a question for Celso Tutor
/in Uncategorized /by JosephThis is a question for Celso TutorThis is a question for Celso TutorThis is a question for Celso TutorThis is a question for Celso TutorThis is a question for Celso TutorThis is a question for Celso TutorThis is a question for Celso TutorThis is a question for Celso TutorThis is a question for Celso TutorThis is a question for Celso Tutor
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PHI 210 SU Wk 7 Self Assessment on Critical Thinking Analytical Review
/in Uncategorized /by JosephWhich came first? Solving the problem or defining the problem? [WK7]
In our first week, we talked about the importance of asking good questions and how this was a critical step to really understanding a problem you are trying to solve. This week, we are going to explore how to approach solving a problem. So, to get us started, let’s practice on defining and analyzing problems. Here’s what the Monday topic needs from you:
I’ll be providing general guidance, but the key for this topic is for each of you to engage with each other. Make sure to think about the 6 steps of the problem solving process discussed in section 7 of the webtext.
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IRLS413 American Military Role of US Contribution to UN Analysis
/in Uncategorized /by Josephue
to budget pressures in the United States, an increasing numbers of
voters and members of Congress have expressed the view that the country
should cut back on its funding of the United Nations. The US funds
about $6.5 billion of the UN’s regular annual budget – that amounts to
22% of the UN budget.
The International Court of Justice is a small part of the UN budget, but
there is a proposal in Congress to eliminate US funding for the ICJ.
What would you say to educate the American public and Congress about why
the reasons why the ICJ should continue to be funded by the US?
(Do not confuse the ICJ and the ICC in your answers. The International
Criminal Court does not arbitrate disputes – it renders judgments
against individual people prosecuted for alleged war crimes and human
rights abuses. The ICC is not part of the UN structure.)
Instructions: Your initial post should be at least 350 words. Support your analysis with research from at least 2 sources and cite those sources appropriately. Please respond to at least 2 other students. Responses should be a minimum of150 words and include direct questions.
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Easy 250-300 words assessment
/in Uncategorized /by JosephBased upon the information in the notes and your sources. which approach to foreign policy, isolationism, unilateralism, moralism, pragmatism, or some combination of them, do you think is best suited for the United States? Use specific policy examples either from the notes or your sources to support your response. Remember to cite properly.
This assignment should be 300-350 words in length.
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MA215 Grantham Wk 1 Relationship Between Stock Price & Time Paper
/in Uncategorized /by JosephWeek 1 Assignment
Question 1
The following information regarding the ten richest Americans was reported in a recent issue of Forbes.
Question 2
A sample of the ages of 10 employees of a company is shown below.
20 30 40 30 50
30 20 30 20 40
Question 3
The following data shows the price of PAO, Inc. stock over the last eight months.
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Investments Discussion Questions and student’s reply
/in Uncategorized /by JosephDiscussion question
On the basis of interim results from a clinical trial, Merck pulled Vioxx off the market. The results indicate that patients who have been taking the drug for 18 months have twice the risk of suffering a heart attack or stroke than those taking a placebo. Vioxx had worldwide sales of $2.5 billion last year. While Merck’s action was generally lauded, critics argue that earlier studies indicated this issue as well. The stock market reacted swiftly, reducing the price from $45 to $33. Now Merck and its investors must brace for the inevitable lawsuits from those who believe they were harmed by the drug. Beyond the legal liabilities, Merck also faces challenges from expiring patents on successful drugs and the risky business of developing and marketing new drugs.
“Merck Pulls Vioxx From Market After Link to Heart Problems,” by Barbara Martinez and others, Wall Street Journal, Thursday, October 1, 2004, page A1.
1. Why did Merck’s price fall so significantly?
2. As CEO of Merck, Raymond Gilmartin made the decision to stop sales of Vioxx. Should he have withheld this information since it would have a clear negative effect on share price and he has an obligation to maximize the value of these shares?
3.How can Merck rebuild its share value after the Vioxx recall?
student reply 1
1. Merck’s price fell significantly because shareholders were expecting the release of a new drug into the market by Merck, but instead there will most likely be lawsuits that will definitely affect the bottom line of the company. Not only will there be lawsuits, but having a drug go through the last stages of testing and it come out that it causes heart attacks and strokes looks very bad for Merck. It makes it look that Merck knew about the issue, but cared more about the money to be made than the harm it could cause the public.
2. He does have an obligation to the shareholders no doubt, but at the time the damage was done and the best way to move forward was to take the loss and build from there. If Vioxx had been pushed through production and out to the public then the repercussions would have been much worse. Withholding the information about pulling Vioxx would only have delayed the hit they took and most likely made it worse by looking to cover it up further.
3. Merck has to get ahead of all the negative publicity they will now face. They need to come out and take ownership for their mistake then say they are going to continue to research and produce drugs that make our lives better. Stock price may stay low for a bit, but when the next big drug breakthrough comes out in the news everyone will be back on board and wanting to buy stocks for fear of missing out on stock growth. The only way to truly come back is to mitigate the damage and make sure the next drug you come out with you have done your due diligence on and comes out with no snags.
Student reply 2
1. Why did Merck’s price fall so significantly?
Merck’s price fall significantly because having drugs increase the risk of suffering a heart attack or stroke. Merck’s may face lawsuits. Furthermore, it also will face challenges from expiring patents on successful drugs and the risky business of developing and marketing new drugs. Facing so many challenges, people will doubt the financial conditions of the company so the prices fall down.
2. As CEO of Merck, Raymond Gilmartin made the decision to stop sales of Vioxx. Should he have withheld this information since it would have a clear negative effect on share price and he has an obligation to maximize the value of these shares?
The CEO of Merck does have the obligation to maximize the value of these shares but it is not a good idea to withhold this information because as many patients have suffered the increased risk of heart attack and stroke because of the drugs, the information will disclosure from somewhere else. It will damage the company’s image and cause customers distrusting of their products if the CEO hide the truth.
3. How can Merck rebuild its share value after the Vioxx recall?
Merck’s should face all the challenges and restore its reputation. He can tell his customer that they are trying to find the reason why old drugs failed and develop a new drug that has a better effect. Once finished the new drugs, the stock share will increase.
Student Reply 3
1. Why did Merck’s price fall so significantly?
The price fell because of the successful drug, that proved to have major side effects. Instead they would be getting lawsuits from users who feel they may be harmed. This caused the price to fall.
2. As CEO of Merck, Raymond Gilmartin made the decision to stop sales of Vioxx. Should he have withheld this information since it would have a clear negative effect on share price and he has an obligation to maximize the value of these shares?
He made the right decision to pull the drug. No matter the negative effect, ethically it’s better to pull than to potentially cause major damage to people. Yes, the shareholders may get upset, but I think it was a good decision. It may have been legal repercussions for withholding that kind of information also.
3.How can Merck rebuild its share value after the Vioxx recall?
I think honest goes a long way. He can be honest with the public, and let them know what’s going, what it would take to fix, and what’s the next move. This reminds me of Tylenol pm, when it was recalled. It cost them alot but they took it off the shelves until it right, now it back selling again.
requirement: I need one discussion answer and three reply to those student. no word limit.
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Social Ethical and Legal Implications Word Project Marketing Plan Outline Report No Plagiarism
/in Uncategorized /by JosephI am currently in a master’s graduate course in marketing and was needing some help in a research marketing plan outline report for better understanding of the material when it comes to creating a marketing plan based off my chosen company of Apple, Inc. and their “Apple Pay Service” product. Below is the following topics to be written up and instructions, including attachments, that have to be integrated into a marketing plan and outline report project that I have listed below and would greatly appreciate very much all the help I can get on this for better understanding and formatting this outline and timeline project report.
Week 6 MKT 571 Assignment: Social, Ethical, and Legal Implications
Purpose of Assignment
The purpose of this assignment is to help students think through the importance of social, legal, and ethical issues that may arise with their product or service and the implications of decisions made within those frameworks. It is designed to help the learners understand ethical and legal issues related to marketing practices. This knowledge helps to prevent such issues when developing the marketing strategies in their marketing plan. The executive overview of the marketing plan is not a summary and conclusion, but an overview of what the plan entails and what it does not address.
Assignment Steps
Note: the Social, Ethical, and Legal Implications assignment is part of the total marketing plan as outlined in the grading guide. It is not a separate paper.
Producing and marketing a product without regard to ethical, legal, and social considerations is detrimental to the overall success of any company.
With the following previous “four” marketing reports attached below, this project is based on the company of Apple, Inc. and their “Apple Pay Service” product.
Below is the topics on what needs to be written up
Assess in a maximum of 700 words or more the ethical, legal, and social issues affecting your product or service in two markets: the United States and one international market. Domestic market generally means the market where the company headquarters are located. If you choose a domestic market that is not the U.S., then your other market is required to be the U.S. marketplace. This will be added to the Target Market section of your Marketing Plan.
Include the following:
Formulate a maximum 350-word or more executive summary including at a minimum the following elements to include in your marketing plan:
Altogether for this section of the project report, a total of 1,050 or more words-excluding cover page, reference page, and any table charts or graphs used; if used must include description to count towards final word count.
Integrate the previous weeks’ sections, social, ethical, and legal implications, and executive summary into the marketing plan.
Attached below is a “Marketing Plan and Outline” attachment on how the project outline needs to be structured.
The marketing plan should be a minimum of 3,850 words or more and include the following:
Cite a minimum of three or more peer-reviewed references for the Week 6 “Executive Summary, Legal, Social, and Ethical Considerations” section of the marketing plan project that will be incorporated into the previous weeks’ assignment references.
Peer-Reviewed is “two” or more references. Per instructor request for this Week 6 written section of the “Executive Summary, Legal, Social, and Ethical Considerations,” include APA citations throughout document within research, especially as it pertains to any financial or statistical data discussed about.
Include proper title and sub-title headings for each topics listed above for research.
Most importantly, No Plagiarism per instructor request and will be checked-if used points will be deducted off or will be considered a failing grade.
Include all peer-reviewed references from the previous weeks’ individual assignments in your marketing plan-alphabetical order in proper APA format.
Format your assignment consistent with APA guidelines.
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ATI College – Santa Ana Elements of Literature in I Killing Giants Novel Essay
/in Uncategorized /by Josephmy suggestions: 1. Put book titles in italics. 2. You have too many comments in your thesis. Avoid using the word “and.” Follow the topic + (one) comment thesis model. 3. Add in stronger comments to your topic sentences/points. Think about: so what? Why?
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Reflection
/in Uncategorized /by JosephThe employment of different types of power might influence a team member’s satisfaction, and thus, his or her motivation to continue. In regards to your current industry and/or the culture of your current organization, write a reflection paper that addresses the following requirements: Describe which motivational theory, as described in Harell and Daim in the required readings for this unit, would be the most appropriate for your industry/organization. Why? Describe which of the original power types from the French and Raven power taxonomy, as described by Elias (2008) in this unit’s required readings, would fit best with the selected motivational theory. Your reflection paper should be two to three pages in length. Be sure to include the rubric elements from the guidelines below: The response reflects in-depth consideration and personalization of theories, concepts, and/or strategies. The writing should be clear and concise with proper sentence structure, grammar, and punctuation, and it should be free from spelling errors. The response includes all major components: accurate accounts of the topic area, critical analysis of the topic area, and scholarly or professional application of the topic area. The response demonstrates synthesis of ideas presented, and the implications of these insights for the learner’s future learning are noted. Information about accessing the grading rubric for this assignment is provided below.
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