Word: gilmartin
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Bridell, then Judith A. Gilmartin, was one of several Harvard students who took part in either this program in Poland and the USSR or an academic student exchange between the Soviet bloc countries and the United States. Both had the stated goals of promoting a cultural appreciation for—and understanding of—the “other side...
Professor of Management Practice Raymond V. Gilmartin was the chairman, president and CEO of Merck & Co., Inc., a leading pharmaceutical research company, for 11 years...
...success of your company depends on the success of your scientist,” Gilmartin said...
...reaction on Wall Street was swift and brutal. Merck's chief executive Ray Gilmartin announced that the company's 2004 earnings could shrink as much as 20%. Its stock promptly lost $28 billion of its market value, temporarily dragging the Dow Jones industrial average down with it. The timing could not have been worse for Merck, whose sales last year grew a paltry 5%, compared with 23% in 2000, and whose big anticholesterol drug Zocor will lose patent protection in 2006, with nothing to replace it. Some analysts wondered whether the company was ripe for a merger--an idea Merck...
...brand challenge, the drug companies hope to protect their franchise not only in impoverished Africa but also in the U.S., where drug pricing has long been a target of health activists and where a price war with generics could cut deeply into profit margins. As Merck CEO Raymond Gilmartin acknowledges, unless AIDS drugs become more generally available, "our intellectual property is at risk...