Through our business operations, public policy, and outreach efforts, we work to address the health needs of people in all circumstances by developing and fostering broad access to innovative products. We adopt positions and advocate for changes that will improve access to medicines and vaccines while maintaining proper incentives for valuable innovation.
Our commitment to access and affordability
The issues related to access are varied and complex. Our approach seeks to combine our strengths and abilities, working in close partnership with governments, donors, patient organizations, healthcare professionals, nongovernmental organizations, multilateral organizations, and others in the private sector.
We are taking steps to advance this objective:
Through a multi-pronged strategy, we are improving access to medicines and vaccines by examining our approach to research and development, manufacturing and supply, registration, commercialization, and community investment. To guide this worldwide approach, we developed the Access to Health Statement of Guiding Principles and we strive to embed these principles into our operations and business strategies.
In the developing world, including Africa and parts of Latin America and Asia, we believe we have an important role and responsibility to help accelerate access to our medicines and vaccines where access is most lacking. Access is determined by many interrelated elements – some countries may lack basic medical infrastructure, some patients may have limited access to hospitals or clinics, or in some places there may be shortages of trained healthcare personnel. We have taken this into account in our own work and how we work with others. We engage in a wide range of public/private partnerships and other collaborations to spur progress and new approaches to fighting diseases that affect the developing world.
In emerging markets, such as China, India, Brazil and Russia, we are undertaking opportunities to expand our business and provide our medicines and vaccines to new patients.
In developed countries, access to medicines may be reduced by a lack of affordable healthcare coverage or long waiting times before innovative medicines are approved or made broadly available. We believe greater access can be achieved through a strategy that combines the following:
pricing our products responsibly and, where necessary, donating our products to those who lack healthcare coverage;
working with customers to create and implement flexible approaches to pricing, including performance-based contracts, to ensure that payers’ funds are used wisely to achieve improved patient outcomes;
advocating for healthcare reforms that will allow citizens greater access to treatment and care;
promoting and participating in public/private partnerships to address chronic and infectious disease and other complex health challenges; and
Forward-Looking Statement of Merck & Co., Inc., Kenilworth, NJ, USA
This website of Merck & Co., Inc., Kenilworth, NJ, USA (the “company”) includes “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. These statements are based upon the current beliefs and expectations of the company’s management and are subject to significant risks and uncertainties. There can be no guarantees with respect to pipeline products that the products will receive the necessary regulatory approvals or that they will prove to be commercially successful. If underlying assumptions prove inaccurate or risks or uncertainties materialize, actual results may differ materially from those set forth in the forward-looking statements.
Risks and uncertainties include, but are not limited to, general industry conditions and competition; general economic factors, including interest rate and currency exchange rate fluctuations; the impact of pharmaceutical industry regulation and healthcare legislation in the United States and internationally; global trends toward healthcare cost containment; technological advances, new products and patents attained by competitors; challenges inherent in new product development, including obtaining regulatory approval; the company’s ability to accurately predict future market conditions; manufacturing difficulties or delays; financial instability of international economies and sovereign risk; dependence on the effectiveness of the company’s patents and other protections for innovative products; and the exposure to litigation, including patent litigation, and/or regulatory actions.
The company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise. Additional factors that could cause results to differ materially from those described in the forward-looking statements can be found in the company’s 2015 Annual Report on Form 10-K and the company’s other filings with the Securities and Exchange Commission (SEC) available at the SEC’s Internet site (www.sec.gov).
No Duty to Update
The information contained in this website was current as of the date presented. The company assumes no duty to update the information to reflect subsequent developments. Consequently, the company will not update the information contained in the website and investors should not rely upon the information as current or accurate after the presentation date.