The way we have looked at pricing at Merck is we've always said we want to be responsible, which means we want to optimize profitability and patient access. Kenneth Frazier More Quotes by Kenneth Frazier More Quotes From Kenneth Frazier I'm resigning from the Manufacturing Jobs Initiative because it's the right thing for me to do. Kenneth Frazier top-news America’s leaders must honor our fundamental values by clearly rejecting expressions of hatred, bigotry and group supremacy, which run counter to the American ideal that all people are created equal. Kenneth Frazier latest-headlines The business of biomedical research is mostly about failure. Few projects we commission will ultimately result in success. But every study we do contributes to the body of knowledge that brings science and society closer to a solution. Kenneth Frazier failuresuccessscienceknowledge I do worry that as we try to fix this long-term debt and deficit situation that we don't destroy the market incentives for biomedical research. What I fear is the government using its considerable clout to say, 'Here's the price we're setting for your medicines.' Kenneth Frazier situationgovernmentresearchfear While a fundamental responsibility of business leaders is to create value for shareholders, I think businesses also exist to deliver value to society. Kenneth Frazier valuesocietybusinessresponsibility We value R&D as a company. It's who we are. Kenneth Frazier valuewhocompany I've always admired lawyers who use their power to effect social change, and Thurgood Marshall was always a childhood hero of mine. Kenneth Frazier childhoodchangepowerhero In my house, education was the paramount value. And if you grew up in a neighborhood like mine, you were forced to decide early on what you stood for in life, because there were a lot of peer pressures that could take you the wrong way. Kenneth Frazier valueyoueducationlife I would like people to say that Merck continues to be a company that makes a difference in the world. Kenneth Frazier saydifferencepeopleworld I think words have consequences, and I think actions have consequences. Kenneth Frazier actionswordsconsequencesthink I support tax revenue increases, including the top 2 percent, but only if accompanied by responsible spending limits. The key is balance. Kenneth Frazier keysupportbalancelimits One of the strongest forms of rhetoric in our society is the rhetoric of blame. Kenneth Frazier ourrhetoricblamesociety In a successful health system, the proportion of per-capita health dollars used for home care, outpatient primary care, and preventive services should actually increase, not decrease, relative to those for acute hospital care. Kenneth Frazier hospitalcarehealthhome My father was born in the year 1900 in South Carolina, and he grew up at a time where being an African-American child in the American South was to be deprived of access to anything close to a reasonable education. He only had three years of formal education, but he was self-taught. He read two newspapers a day. Kenneth Frazier dayeducationtimefather My grandfather on my paternal side, Richard Frazier, was born in the late 1850s and, therefore, was born into slavery but was a sharecropper in South Carolina for his entire life. Kenneth Frazier slaveryborngrandfatherlife I had a fantastic upbringing by two parents who cared deeply about their children but, more importantly, believed that anything was possible for their children and, in some ways, almost brainwashed us to be successful. Kenneth Frazier possibleparentssomechildren My father, to me, was 10 feet tall. Kenneth Frazier metallfeetfather You either innovate or you become defunct. Kenneth Frazier innovateeitherbecomeyou I don't believe it's appropriate for me or any other CEO to wade into every political dispute. That's not what we're here for. Kenneth Frazier heremepoliticalbelieve If I had not been coached well about how to deal with a culture and a set of values that were foreign to my own, I would not have been able to be successful. Kenneth Frazier ownvaluesmy-ownculture
