16 Quotes by Albert Rauch

It is still too early to know if (Merck) will be able to win cases on a consistent basis,

The best defense against generic competition is innovation, because you don't have to worry so long as you come up with an innovative product that antiquates your older product, ... You can replace your own products before generic competition comes out.

If you acquire a company, you acquire all the expenses of the company. But if you sign a license, you can use cash on your balance sheet instead of your income statement.

If you had a generic Lipitor, it would be harder for Vytorin to compete. When you have a generic out there, you start worrying about therapeutic substitution.

If you've misjudged what's happened in 2005, how can you give guidance for 2006 and 2007?

If you've misjudged what's happened in '05, how can you give guidance for '06 and '07 with any confidence.

This is most concerning as it's the third late-stage failure they've had in the past year.