Innovation through drugs

Charles Frosst started Frosst in Montreal in 1899. In 1910, the 222 aspirin was invented. Fast Forward to 1965 when Merck bought Frosst to become Merck Frosst.
 
Their top priority is health care for Canadians from both the private and public health care systems. Merck Frosst demonstates strong principles of Leadership through:
 
Innovation - develop new approaches and act on htem
Impact- drive for results and deliver thier commitments
Inspire- crate a single Merck culture and yet devlop team strategy
Integrate -
 
They have 1000 employees and high-tech graduates.
 
In Canada, it takes 15 years for a new drug to make it to market. It takes between 50,000 - 80,000 compounds to find one molecule that will make it to market at a cost of about $1 billion dollars.

The FDA from the states is creating offices in other countries, India, China and others.  
The marketplace is very competitive, Merch chooses to work with Government in partnership.
 
The second part of Ehssan's message about  Benign Prostatic Hyperlasia.
 
50% of men will experience this. 6 out of 10 over 60 yrs of age, 7 out of 10 over 70 yrs of age. Age is the driver. What drives men to doctors is their wives.
 
Factors are: 
Family History, BMI - Body Mass Index. Age, Ethnicity (Black Men are subject to a higher rate) and Nutrition i.e. fatty foods,
 
He encourages all men to go for the dreaded DRE - Digital Rectal Examinaion. He says this finger is a good finger.
 
The Good news is that when medication is mixed with strategies to reduce the factors, a 66% reduciton has been obtained. It has been proven that medication can reduce the need for surgery.
 
Many Statistics were presented to support his case. Past DG Ray Gibson thanked our speaker.