Merck’s Frazier Urges Businesses To Use ‘Every Instrument At Their Disposal’ To Reduce Racial Inequity

‘What we have to guard against is that when the streets quiet down … a lot of people are going to go back to their normal lives,’ Merck CEO Ken Frazier says in an interview with CNBC.

Minneapolis, Minnesota/United States of America - May 28, 2020: A group of protestors hold signs as they gather together to protest the police surrounding the death of George Floyd.
A group of protestors hold signs on 28 May 2020 as they gather in Minneapolis to protest the police surrounding the death of George Floyd.

Merck & Co. Inc. CEO Ken Frazier’s remarks about the racial unrest currently seizing the United States offer something of a roadmap for how businesses can help address the underlying problems, but also underscore just how challenging making fundamental changes will be.

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One CDRH employee said the cuts already are having a major effect on morale.

Updated: US Likely To Lose Its First Approver Advantage After FDA Layoffs

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Pharmaceutical companies are being encouraged to reach out to NICE in relation to its HTA Innovation Lab, which provides a sandbox environment in which the health technology assessment body can test new methods of evaluating “innovative and disruptive” therapies.

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The Brazilian medicines regulator will also offer more clarity on the requirements for radiopharmaceuticals that are exempt from registration.

Korea To Revise ‘Innovative Company’ Criteria Amid Calls From Foreign Industry

 
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South Korea announces planned revisions to a government scheme to designate "innovative" biopharma companies amid allegations of "discrimination" against foreign firms.