Kenneth Frazier Quotes
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You either innovate or you become defunct.
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I am a person who does not subscribe to the hero-CEO school of thought.
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My legacy is that Merck continues to do what Merck has always done, which is to make singular impact on human health and animal health around the world. It's that simple.
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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.
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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.
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I fell in love with the science at Merck.
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I would like people to say that Merck continues to be a company that makes a difference in the world.
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Institutions are what allow us to have continuity in civilizations.
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Most of my diversity conversations are had with the majority population, because frankly, those people are the people who have the most influence over everybody's career.
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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.
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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.'
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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.
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My job is to make sure that 10 and 15 years from now, people aren't going to say, 'Oh, do you remember Merck?'
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My father, to me, was 10 feet tall.