Frazier blow brings pharma into spotlight again
It seems the pharmaceutical industry cannot escape the spotlight under the presidency of Donald Trump, with the actions of a senior executive making Tuesday’s front pages.
Ken Frazier, the chief executive of US pharma giant Merck & Co (NYSE: MRK), announced on Monday that he was resigning from Mr Trump’s American Manufacturing Council following the President’s initial comments on the weekend’s events in Charlottesville, Virginia, in which he failed to single out for blame the white supremacists whose rally had sparked violent scenes.
Mr Frazier said that he was taking this action because he “felt a responsibility to take a stand against intolerance and extremism.”
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