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Vioxx Essay Topics & Paper Examples

The Decline and Recovery of Merck & Co

In the early 2000’s Merck & Co. was on pace to have its most successful decade ever until the creation of the drug called Vioxx. Vioxx was once one of the most prescribed drugs in history; however side effects which caused heat attacks and strokes led to the drug’s abrupt removal from the market. The drug itself was not the reason for Merck’s decline but merely a byproduct of their corporate decisions. This analysis will examine the factors that contributed to Merck & Co.’s decline and what the company has done to reverse its fortune. Also this analysis will offer recommendations to the company to prevent such an event from happening again. Introduction Merck & Co. was once one of…