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Drug companies are also reducing some prices on Jan. 1. Merck & Co plans to cut the list price of its heavily discounted diabetes drugs Januvia and Janumet "to align the list price more closely to ...
NEW YORK (Reuters) -Merck & Co sued the U.S. government on Tuesday, seeking to halt the Medicare drug price negotiation program contained in the Inflation Reduction Act (IRA), which it argues ...
The drug was used to treat blood clots in around 3.7 million ... Merck & Co's Januvia, used to help lower blood glucose levels in adults with type-2 diabetes, was prescribed to 869,000 patients ...
Merck & Co. traces its origins to its former German parent company Merck Group, which was established by the Merck family in 1668 when Friedrich Jacob Merck purchased a drug store in Darmstadt. [ 27 ] [ 28 ] In 1827, Merck Group evolved from a pharmacy to a drug manufacturer company with the commercial manufacture of morphine . [ 29 ]
These include Merck & Co's diabetes drug Januvia, big-selling blood thinner Eliquis from Bristol Myers Squibb and Pfizer, and AbbVie's leukemia treatment Imbruvica.
In 1891, Georg(e) Merck established himself in the United States and set up Merck & Co. with Theodore Weicker in New York. Merck & Co. was confiscated following the First World War and set up as an independent company in the United States. [14] [15] Today, the US company, which operates as Merck Sharp and Dohme (MSD) outside the U.S. and Canada ...