Top 38 Quotes & Sayings by Kenneth Frazier

Explore popular quotes and sayings by an American businessman Kenneth Frazier.
Last updated on December 18, 2024.
Kenneth Frazier

Kenneth Carleton Frazier is an American business executive. He is executive chairman and former CEO of the pharmaceutical company Merck & Co.. After joining Merck & Co. as general counsel, he directed the company's defense against litigation over the anti-inflammatory drug Vioxx. Frazier is the first African American man to lead a major pharmaceutical company. He was elected to the American Philosophical Society in 2018.

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.
I think that size is not the key to innovation. Scale doesn't confirm an innovation advantage.
We value R&D as a company. It's who we are. — © Kenneth Frazier
We value R&D as a company. It's who we are.
Affordability is critical so that patients have access to medicines. At the same time, it's also important that we have the kind of incentives that allow us to do the kinds of studies that we need to do to go after these diseases like Alzheimer's.
In my house, education was the paramount value. And if you grew up in a neighborhood like mine, you were forced to decide early on what you stood for in life, because there were a lot of peer pressures that could take you the wrong way.
I am a person who does not subscribe to the hero-CEO school of thought.
I think every company has its own unique approach to creating shareholder value.
If I had not been coached well about how to deal with a culture and a set of values that were foreign to my own, I would not have been able to be successful.
We need to work together to fairly assess and improve the long-term economic and health value - and affordability - of all components of the healthcare system, including hospitalizations, drugs, devices, and other interventions, to optimize our health investment decisions.
Your job as a trial attorney is to try to convey to the jury the essence of the people you represent.
I had a fantastic upbringing by two parents who cared deeply about their children but, more importantly, believed that anything was possible for their children and, in some ways, almost brainwashed us to be successful.
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.
My father, to me, was 10 feet tall. — © Kenneth Frazier
My father, to me, was 10 feet tall.
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.
I fell in love with the science at Merck.
I've always admired lawyers who use their power to effect social change, and Thurgood Marshall was always a childhood hero of mine.
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.
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.'
There's no way we can invent enough stuff for a company of Merck's size.
My job is to make sure that 10 and 15 years from now, people aren't going to say, 'Oh, do you remember Merck?'
I would like people to say that Merck continues to be a company that makes a difference in the world.
You either innovate or you become defunct.
I'm the last senior executive who was hired by Roy Vagelos. It's an honor, but it also imposes upon me an obligation not only to think about his legacy but also about this company's legacy.
We're an American company; we're proud of being an American company.
Institutions are what allow us to have continuity in civilizations.
Competition in our health system is a powerful force of cost-containment.
I support tax revenue increases, including the top 2 percent, but only if accompanied by responsible spending limits. The key is balance. — © Kenneth Frazier
I support tax revenue increases, including the top 2 percent, but only if accompanied by responsible spending limits. The key is balance.
Biopharmaceutical research and development efforts have achieved dramatic improvements in global health and longevity, and we are committed to continuing our quest.
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.
In a successful health system, the proportion of per-capita health dollars used for home care, outpatient primary care, and preventive services should actually increase, not decrease, relative to those for acute hospital care.
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.
The business of biomedical research is mostly about failure. Few projects we commission will ultimately result in success. But every study we do contributes to the body of knowledge that brings science and society closer to a solution.
America's leaders must honor our fundamental values by clearly rejecting expressions of hatred, bigotry, and group supremacy, which run counter to the American ideal that all people are created equal.
I think words have consequences, and I think actions have consequences.
I think if you look at Merck's history, I think Merck has a reputation for having been a reasonable company when it comes to pricing, sort of a leader in that respect.
While a fundamental responsibility of business leaders is to create value for shareholders, I think businesses also exist to deliver value to society.
One of the strongest forms of rhetoric in our society is the rhetoric of blame. — © Kenneth Frazier
One of the strongest forms of rhetoric in our society is the rhetoric of blame.
I'm a big believer in institutions.
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