Roy Vagelos | 09-06-24
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Former Chairman, Regeneron
Search every verified Roy Vagelos interview, podcast appearance, and on-the-record quote β each transcript cross-checked by AI and human review to confirm speaker identity. Roy Vagelos, former CEO and chairman of Merck and former chairman of Regeneron, has continued to speak publicly about his career and the pharmaceutical industry. In a September 2024 interview, he discussed Merck's decision in 1987 to donate ivermectin free of charge to treat river blindness, stating that the company made the drug available to anyone in the world for as long as it was required. He also described a program in which Merck trained Chinese scientists and engineers to manufacture a recombinant hepatitis B vaccine, with the company making no profit from the effort. Vagelos has also commented on drug pricing, saying in a 2017 forum that he is not opposed to high prices for drugs that provide significant value, such as a hepatitis C cure, but criticized price increases after launch, citing Gleevec's rise from $26,000 to $146,000. He has advocated for transparency in pricing and for price increases to be tied to inflation. Vagelos has also reflected on his approach to drug discovery, emphasizing the importance of understanding basic science and disease mechanisms. In a 2020 fireside chat, he said that scientific leaders should find intersections where new science reveals something about a disease and technology exists to affect that molecule. He noted that during his tenure at Merck, he was closely involved with research even as CEO, and that the company's decision to stop clinical studies of lovastatin for two years after a rumor of tumors in animals was driven by a commitment to patient safety. Vagelos has also discussed the role of financial incentives in the industry, stating in a 2020 interview that while profit is important, the industry must be careful not to reduce pricing to a point where people lose interest in drug development.
“Mer made the decision in 1987 and announced that they would contribute the drug free to anyone in the world for as long as it was required to make sure they did not become blind.”
“We finally landed on the idea of training Chinese scientists and engineers to make the vaccine. They came and spent months in the Mer facilities to learn how to make the vaccine which they did in 1994 started manufacturing the vaccine in China that was a Mer vaccine no royalty no cost to them. Mer made not a penny of p...”
“We support scholarships to support the students who have financial needs can come to Columbia Medical School and they will have all expenses paid if they have financial need tuition living expenses everything so our students graduate from medical school with no debt at all.”
“When faced with that Merck made the decision in 1987 and announced that they would contribute the drug free to anyone in the world for as long as it was required to make sure they do not become blind.”
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Roy Vagelos | Former CEO of Merck | 09-08-24 Learn more about your ad choices. Visit megaphone.fm/adchoices (https://megaphone.fm/adchoices)
P. Roy Vagelos, M.D., is retired chairman and CEO of Merck & Co., Inc. He received an A.B. in 1950 from the University of Pennsylvania and an M.D. in 1954 from the College of Physicians and Surgeons. Following a residency at the Massachusetts General Hospital, he joined the National Institutes of Health from 1956 to 1966. In 1966, he became chairman of the Department of Biological Chemistry at Washington University School of Medicine in St. Louis. In 1975 Dr. Vagelos left academia for industry to head Merckβs Research Laboratories and then became the companyβs CEO and Chairman in 1985, servinβ¦
With: β’ P. Roy Vagelos, MD, Chairman of Regeneron Pharmaceuticals and Retired Chairman and Chief Executive Officer of MerckΒ ...
... want to express my gratitude for the award and the particular pleasure it gives me to have my name right next to roy vagelos andΒ ...
Fireside Chat Dr. Roy Vagelos, Chairman of the Board, Regeneron Pharmaceuticals Moderator: Dr. Mathai Mammen, GlobalΒ ...
Merck is one of the greatest drug companies ever. With one of the best selling medicines in the world the company can trace itsΒ ...
Dr. Roy Vagelos β54PS discusses his perspective on the current COVID-19 situation given his experiences leading Merck through various crises throughout his long-storied tenure at the company. We review his assessment of progress to date and his get his take on where we go from here. This discussion is moderated by Bunny Ellerin, Director of The Healthcare and Pharmaceutical Management Program at Columbia Business School.
On November 14, 2018, Dr. P. Roy Vagelos P&S β54 received the Lifetime Achievement Award 2018 for his remarkable contributions to solving major health problems in China and Africa from the Shenzhen World Health Foundation at the first XiongβAn International Health Forum in Hebei, China.
P. Roy Vagelos, the retired Chairman and CEO of Merck vesves Co., Inc. (1985-1994), joined the Center for Public Leadership toΒ ...
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