Merck n Co

Merck & Company: Evaluating a Drug Licensing Opportunity EXECUTIVE abridgment LAB Pharmaceutical A niggling pharmaceutical annoying has specialities in developing medicates that cig artte cure neurological disorder. It has certain a new drug named, Davanrik, to treat both first and anxiety. Each drug has to rid of through the three bod clinical approval attend to to have got FDA approval job 1 Drug is given to small no of wellnessy propose to test the condom of drug Phase 2-Drug is administered to large no of patient to determine its effectiveness it treating the complaint and to measure its dominance side effects Phase 3- Drug is tried on large no of patient to taste its safety and cogency Most of the follows drugs were in phase 2 and Phase 3 testing process scarcely no one was able to pass the FDA approval process. LAB was in financial crisis as its stock prices were falling besides having none FD A approval drug. It decided to search a large pharmaceutical firm so that by licensing it got much needed coin Davanrik antidepressant drug drug work by excite or cube sense organ in the nervous body responsible for mixed moods.

Davanrik not only stimulate the receptor that promotes antidepressant moreover also it block the receptor that ar responsible for hunger. . It was already in the pre-clinical development phase but lacked funds for moreover processes Merck & co It is a global fraternity that discovers, develops, manufactures and market various health products both for human and animal. The company is in high product stage during 1998-99. Bu! t currently patents of many of its popular drugs exchangeable Vosotec, Mevacor is going to run short which will decrease its tax income and profits. The only way Merck are continue string yield is having enough new drugs in pipe line when the in the first place give tongue to drugs patent expire either by internal research or by initiatives with biotechnology guide agreement According to this agreement Merck would be responsible for...If you inadequacy to get a full essay, order it on our website: OrderCustomPaper.com

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