Merck CEO Clark Brings Managed Care Expertise To Post; Gilmartin Retires
This article was originally published in The Pink Sheet Daily
Executive Summary
Richard Clark's appointment signals the importance Merck is placing on managed care ahead of the January 2006 start of the Medicare drug benefit. Merck also is highlighting Clark's manufacturing expertise, but acknowledges he will rely on Merck Research Labs President Peter Kim for advice on R&D strategy.