Merck n Co

Merck & Company: Evaluating a Drug Licensing Opportunity EXECUTIVE analysis LAB Pharmaceutical A niggling pharmaceutic tutelage has specialities in developing medicates that cig artte cure neurological disorder. It has positive a new drug named, Davanrik, to treat both imprint and anxiety. Each drug has to rid of through the three pattern clinical approval attend to to have got FDA approval cover 1 Drug is given to small no of wellnessy proffer 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 likely side effects Phase 3- Drug is tried on large no of patient to taste its safety and force Most of the troupes 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 no(preno minal) FDA approval drug. It decided to search a large pharmaceutical firm so that by licensing it got much needed notes Davanrik antidepressant drug drug work by exhilarating or cube receptor in the nervous arrangement responsible for mixed moods.

Davanrik not only stimulate the receptor that promotes antidepressant b bely also it block the receptor that are responsible for hunger. . It was already in the pre-clinical development phase but lacked funds for moreover processes Merck & co It is a global keep company that discovers, develops, manufactures and market various health products both for human and animal. The company is in high product sta! ge during 1998-99. But in short patents of many of its popular drugs exchangeable Vosotec, Mevacor is going to hold out 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 state drugs patent expire either by internal research or by initiatives with biotechnology go along agreement According to this agreement Merck would be responsible for...If you loss to get a full essay, order it on our website: OrderCustomPaper.com

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