Friday, June 12, 2009
Two sides of coin.......MERCK Inc.
Merck at one side has made a $185 Million deal with Xenon pharmaceutical Inc to discover, develop novel small molecule candidates for the potential treatment of cardiovascular disease and on the other side on the very same day it announced that it is going to shed around 16,000 jobs as it is combining its operations with its rival Schering-Plough.......Merck was once considered one of the best pharmaceutical companies to work with and there were many white papers written on this company history.........its was considered as company with humanity touch :)........what will you say about it now?
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