Anonymous
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Anonymous
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I would imagine that one day, years from now, MBA students will be studying Merck's downfall as a case study in greed, incompetence and hubris...How one of America's premiere "high science" companies went from the covers of Fortune magazine, to the scrap heap of Big Pharma companies, is legend...When they decided to sell sex instead of science, it was basically over...Game, set, match...
Then the corruption set in, and middle management needed a major scapegoat...That of course, became the sales force and the managers became nasty supercops to try and demonstrate some semblance of value justifying their bloated compensation.
Merck hands the company over to a slick-willie lawyer as a reward for his "brilliant" money saving strategy during the VIOXX debaucle...that pretty much says it all huh? Great move Merck!!
and Peter Kim...Ahhh...yes.....Peter Kim...That guy has been more unproductive than a
Louisiana street-trollop on a 72-hour meth bender...To be fair though, I don't see the "scientific" heads of the other big pharma companies exactly cranking out annual blockbusters either...let's face it people, the low-hanging fruit got picked years ago...
In any case, it is not a pretty picture...I am glad I finally got out...Yeah, the lifestyle was nice, but at such a cost...
Merck is just not worth losing sleep over...What a friggin' mess of a company.
Then the corruption set in, and middle management needed a major scapegoat...That of course, became the sales force and the managers became nasty supercops to try and demonstrate some semblance of value justifying their bloated compensation.
Merck hands the company over to a slick-willie lawyer as a reward for his "brilliant" money saving strategy during the VIOXX debaucle...that pretty much says it all huh? Great move Merck!!
and Peter Kim...Ahhh...yes.....Peter Kim...That guy has been more unproductive than a
Louisiana street-trollop on a 72-hour meth bender...To be fair though, I don't see the "scientific" heads of the other big pharma companies exactly cranking out annual blockbusters either...let's face it people, the low-hanging fruit got picked years ago...
In any case, it is not a pretty picture...I am glad I finally got out...Yeah, the lifestyle was nice, but at such a cost...
Merck is just not worth losing sleep over...What a friggin' mess of a company.