Ray Gilmartin faces a dilemma. His institution's credibility has been damaged by the recent withdrawal of Vioxx, a multi-billion dollar drug. Additionally, the withdrawal of Vioxx would entail that Merck would fail to meet analysts' earnings expectations for year 2005 unless the funds R&D cuts on Productivity and morale might hurt in Merck labs.
PUBLICATION DATE: September 24, 2010 PRODUCT #: 611027-PDF-ENG
This is just an excerpt. This case is about TECHNOLOGY & OPERATIONS