She has been covering business formore than twenty years for such publications as Fortune,BusinessWeek, and Institutional Investor, with a prevailinginterest in healthcare and pharmaceuticals. At Crain's, shespearheads the publication of two to three special healthcareissues per year.
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Consistently named one of Fortunemagazine's Most Admired Companies, Merck struggles to maintain itsreputation The Inside Story of a Pharmaceutical Giant. An in-depth look at big pharma's flagship company The Merck Druggernaut takes readers inside Merck, the world'ssecond most profitable drug company and maker of the world'sbestselling drug, Prilosec.
The Merck Druggernaut: The Inside Story of a Pharmaceutical Giant by Fran Hawthorne
Aishe marked it as to-read Mar 08, Patrick is currently reading it Jun 15, Monika marked it as to-read Jun 29, Marwa Zoghbi marked it as to-read Sep 29, Nschwart marked it as to-read Dec 19, David Leal added it Mar 04, Pavel marked it as to-read Mar 27, Genie marked it as to-read Aug 20, Tiffany marked it as to-read Sep 13, Kenneth marked it as to-read Nov 24, Pam Douglas added it Jul 09, Tatiana marked it as to-read Sep 05, Reem Malek marked it as to-read Dec 22, Derek Austin marked it as to-read Jun 30, Louis Prontnicki added it Jan 23, Allison marked it as to-read Feb 17, Mary Yahalom marked it as to-read Mar 17, Shaimaa marked it as to-read Jun 12, Michelle Riffitts marked it as to-read Jun 23, Susie added it Jul 01, Alexey marked it as to-read Aug 28, Diana Young marked it as to-read Sep 29, Iman Zein marked it as to-read Jan 16, Ryusuke marked it as to-read Mar 06, Rex added it Apr 29, Perhaps a couple of the middle chapters spent more time reversing these roles than I'd have liked, but sometimes that's necessary when an industry sea change makes the company the object rather than the subject.
In all an excellent read, especially for someone like me who is considering a career in the industry.
One person found this helpful 2 people found this helpful. I am a consultant to the industry.
Hawthorne has done a nice job synthesizing the key issues affecting all big pharmaceutical companies. Her view is fair most times.
She raises legitimate questions about some of the industry marketing practices. Certainly her views represent many consumer, legislative, and social critics of the industry.
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Merck, she portrays as one of the good guys in the industry. They seem to do more than most in developing first in class drugs and providing drugs for free when necessary for poor countries. They face business challenges, such as patent expirations, that may make staying one of the good guys more difficult.
Her chapters on broader industry challenges are an excellent summary of the not so great times we are likely to see ahead. Hawthorne to be a balanced critic of the industry.
She does not seem to have an ax to grind, but instead views the industry as basically good but with a profit motive that can sometimes taint the purity of the mission. In all, an excellent book that should be read by all those inside pharma or doing business with pharmaceutical companies.
As an ex-Merck employee who was there during the stellar days of Roy Vagelos and has had to watch Ray Gilmartin and Peter Kim squander the legacy and the public trust of a once distinguished phramaceutical company, I take great exception to this trite, inaccurate "informmercial" of a book. The give away is the opening page - the Merck superman, not above fixing his own plumbing problems.
Clark Kent where are you? This book is pathetic - stealing directly from Merck's circa PR materials.
The Merck Druggernaut: The Inside Story of a Pharmaceutical Giant
No mention of the great pharmacologists and medicinal chemistrs who set the stage for P. This book is worthless. See all 12 reviews. Most recent customer reviews. Published on December 20, Published on November 22, Published on November 16, Published on March 30, Amazon Giveaway allows you to run promotional giveaways in order to create buzz, reward your audience, and attract new followers and customers.
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