Reeling Merck Offers Officers a Bonus Deal
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With its stock plunging, drug giant Merck has adopted a plan that could give top executives big bonuses if the company is taken over.
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Under a plan recently passed by Merck &amp; Co. Inc.âs board of directors, members of the firmâs management committee and the companyâs vice president-level managers may be compensated with severance packages
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AstraZeneca, the troubled Anglo-Swedish drugs giant, is being urged by shareholders to waive a one million-pound (1.4 million-euro, 1.9 million-dollar) bonus being lined up for chief executive Tom McKillop following a string of company setbacks, a newspaper reported.
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More than 3,000 former users of Merck & Co's withdrawn Vioxx pain drug have already signed up to take part in a $4.85 billion settlement deal that a federal judge on Friday declared was in the best interests of both sides.
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Procter &amp; Gamble said Friday its chairman received a $3.5 million bonus because of the company&#39;s strong performance. The bonus payment is in addition to AG Lafley&#39;s base salary of $1.
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A Merseyside law firm is offering GPs money for referring patients with compensation claims.
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Merck &amp; Co. has adopted a severance plan that offers some executives one-time payments of up to triple their salary plus other perks if the troubled pharmaceutical giant is acquired and they lose their jobs.
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Nonbinding offers for the generics  business of Merck KGaA , worth at least 4 billion  euros ($5.3 billion), are due on Monday, a source close to the  sale process told Reuters, confirming a newspaper report.
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Merck said it earned $1.68 billion, or 77 cents per share, compared with $1.50 billion, or 69 cents per share, a year earlier.
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Whitehouse Station-based Merck is joining with a company that last year began small-scale testing of a nasal spray drug designed to make the stomach feel full faster.
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Toys R Us Inc (TOY.N: Quote, Profile, Research) , the toy retailer considering selling its toy business, has told six top officers they are eligible to receive bonuses of up to twice their salaries as part of their work on the
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Merck & Co. Inc. has adopted a severance benefits plan aimed at protecting key managers in the event the company is taken over -- a growing possibility since the withdrawal of arthritis drug Vioxx sent shares tumbling.
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TRENTON, N.J. - Pharmaceutical giant Merck & Co...
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An investigator hired by the companyÂs board found that Merck took Âreasonable stepsÂ to research the drugÂs health risks.
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Swiss biotech company Addex Pharmaceuticals SA  said it could receive more than $700 million from Merck & Co Inc  for a licensing deal on its ADX63365 drug to treat schizophrenia, lifting its shares.
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Rewards could be offered to people who inform on companies or individuals defrauding the government.
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NEW YORK -- Merck &amp; Co.'s campaign to defend itself in the wake of the recall of the pain reliever Vioxx intensified last week, as it placed a package of three full-page ads in seven prominent newspapers beginning last Friday. That follows several television appearances, as well as testimony before Congress by the company's chief executive.