TITLE

Doctor's Orders

AUTHOR(S)
Herper, Matthew
PUB. DATE
December 2005
SOURCE
Forbes Asia;12/26/2005, Vol. 1 Issue 9, p81
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article speculates on strategies that Merck could use to recover from losses. The company's CEO Richard Clark, calls eliminating 7,000 positions, or 11% of the payroll, the first step toward righting the ailing company. Further steps could be cut the 13,000-representative sales force, ending a decade-long drug industry arms race. It could buy Schering Plough. Or it could give back a dividend yield.
ACCESSION #
20926855

 

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