|
|
Schering-Plough's Bitter Pill
By Kim S. Nash
2002-07-10
Article Views: 481
Article Rating: / 0
| Rate This Article: |
|
| Add This Article To: |
|
|
Schering-Plough's Bitter Pill - ' Schering' (
Page 2 of 2 ) -Plough Base Case">
Schering-Plough Base Case
Headquarters: 2000 Galloping Hill Rd., Kenilworth, NJ 07033
Phone: (908) 298-4000
Business: Pharmaceutical and health care products
Chief Information Officer: Donald Lemma
Financials in 2001: $9.8 billion in sales, $2.9 billion operating income, $1.9 billion net income
Challenge: To fix chronic manufacturing problems that led to a $500 million fine by the Food and Drug Administration
Baseline Goals:
Increase return on equity, from 3% in 2001. It had been 43% in 2000.
Submit plans for fixing manufacturing problems by Sept. 17 to Food and Drug Administration
Stop receiving FDA warning letters by 2005, down from 34 from 1997 through 2001
|
|
 |
|
|
| FEATURED VIDEOS |
The Nick for NAC
eWEEK Channel Insider Technology Editor Frank Ohlhorst explains how VARs are about to get lucky. NAC is evolving, and it is evolving in such a way that hardware constraints are quickly being eliminated and NAC bundled with other security solutions is becoming a major opportunity, that should become a lot easier to sell and support.
Will Recession Hit the Channel?
Fears of a possible recession have VARs and solution providers taking steps to prepare their customers.
|
|
Sponsored by
 | |
|
| DOWNLOADABLE ROI CALCULATORS & TOOLS FROM BASELINE |
Calculate Cost and ROI of Spam, VOIP, RFID, Sarbanes-Oxley and more...
Featured Calculators:
See More Tools!
By Category| Planners |Calculators | Quizzes
|
| | |
|
|
Projects: Processes 
