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 way of revenue objectives, however the case experiences in Bioindustry Ethics express that this is often more and more no longer on the cost of moral integrity. ...lend[s] vital insights to different executives and pros who should be constructing their very own practices and policies.'' - GENOMICS & PROTEOMICS (August 2005)
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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. In keeping with leading practices in corporate governance, Ray Gilmartin is the only insider on Merck’s Board. An unusually high number of outside directors, however, come from academia, and they have placed pressure on the company to focus on wider issues of corporate and social responsibility.
He chose Jacqueline (Jacquie) Brevard, an international lawyer who had worked with all the major areas of Merck’s global operations, to be the Chief Ethics Officer heading up this effort. Recalled Brevard: Ray decided he wanted a lawyer to head the Ethics Office. Given the issues that arise, it is helpful to have a legal perspective… And with the nature of our business, Ray wanted the Office to be global, so he wanted an international lawyer with experience in developing nations. By the time he added up all the desired criteria, the list narrowed to me.
We have a specialized team working with the organization we fund to do that. We’re looking at how many were distributed, rate of utilization, and what impact they’ve had on infection rates. In the case of the longer standing Mectizan program as well as AIDS programs, Gustavsen pointed to a wider range of criteria: An easy one is to measure the number of people treated. We can see how many are treated and check the transmission rates as well. Another way is to see how committed our existing partners are, and the new partners that want to get involved.
BioIndustry Ethics by David L. Finegold, Cecile M Bensimon, Abdallah S. Daar, Margaret L. Eaton, Beatrice Godard, Bartha Maria Knoppers, Jocelyn Mackie, Peter A. Singer