By David L. Finegold, Cecile M Bensimon, Abdallah S. Daar, Margaret L. Eaton, Beatrice Godard, Bartha Maria Knoppers, Jocelyn Mackie, Peter A. Singer
''Biotechnology and pharmaceutical businesses are frequently pushed by means of revenue objectives, however the case reviews in Bioindustry Ethics convey that this is often more and more no longer on the rate of moral integrity. ...lend[s] very important insights to different executives and execs who will be constructing their very own practices and policies.'' - GENOMICS & PROTEOMICS (August 2005)
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Extra resources for BioIndustry Ethics
We’ve applied for approval everywhere in the world we can get it, but we can’t make these governments go faster. MSF didn’t reply to my fax, but instead sent a letter directly to our CEO protesting that we hadn’t done more to get approval around the world and issued a press release with their allegations. I think they got almost everything within it wrong. The Journal then ran a story that got most of the facts right. THE BOARD OF DIRECTORS One of the key factors that has allowed Merck’s management to sustain its longterm focus on charitable programs has been the composition and structure of its Board.
Kohn added, 14 According to Frazier, about half of Merck’s attorneys do pro bono work. P9310_02 5/6/05 8:58 PM Page 39 39 Merck: Staying the Course “I am so proud to work here… People are so committed and are the top people in their field. ” According to Hosny, an ethical approach to business is becoming an increasingly important part of attracting and retaining a new generation of workers: Defending your ethics with your employee base is a new dimension. More and more intelligent young people are willing to challenge and push back, and they need to feel that they are working for a company whose values they can subscribe to.
And we just have to say no, that’s not how we do things here. In our communications we talk about the fact that a doctor isn’t going to prescribe a medicine because you take them on an outing; they’ll do it if you show them it is successful… We have good products and they are able to hold their head up high because our product is backed by science. ” Strong centralization of marketing materials — “Every promotional claim we make throughout the world has to be cleared medically and legally,” said Hosny.