Introduction
Merck & Co. is one of the largest pharmaceutical companies in the world. In the late
1970’s, Merck was testing ivermectin, a drug for animals, to see if it could effectively kill
parasites and worms. During this clinical testing, Merck discovered that the drug killed a parasite
in horses that was very similar to the worm that caused river blindness in humans. This,
therefore, was Merck’s dilemma: company scientists were encouraging the firm to invest in
further research to determine whether the drug could be adapted for safe use with humans, but
Merck knew it would likely never be a profitable product (Nelson & Trevino, 2014).
“Stakeholders are any parties with a stake in the organization’s actions or performance”
(Trevino & Nelson, 2014). Therefore in this case there are many individuals and groups that
make up all of the stakeholders. The 40 – 100 million people who suffer from river blindness