Merck's Fall from Grace

FEATUREMerck's Fall   Getty Images How will one of the world's largest and most respected pharmaceutical companies come back? BY FRAN HAWTHORNETIME LIFE PICTURES Better times:Merck President George M. Merck in 1952ARTICLE EXTRASTimeline: Taking Stock of MerckWhen former employees speak of Old Merck, they often get a wistful tone to their voices. For Alaina Love Cugnon, the 1980s and

Fran Hawthorne
May 1, 2006
FEATURE
Merck's Fall
 
Merck's Fall from Grace
Getty Images
Merck's Fall from Grace

How will one of the world's largest and most respected pharmaceutical companies come back?

TIME LIFE PICTURES
Better times:
Merck President George M. Merck in 1952

When former employees speak of Old Merck, they often get a wistful tone to their voices. For Alaina Love Cugnon, the 1980s and early 1990s were a time of shared excitement in Merck & Co.'s research labs in Rahway, NJ. "The staff would come to my house for lunch, then we'd work till however long at night. One guy would routinely have 700 mice to dose in one experiment. I would finish my work and go over to his lab and help him. It wasn't even my department. You didn't think twice about it."

"There was a sense that we were doing something to make people's lives better," continues Cugnon, who...

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