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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 ]
The Merck Group, branded and commonly known as Merck, is a German multinational science and technology company headquartered in Darmstadt, with about 60,000 employees and a presence in 66 countries. The group includes around 250 companies; the main company is Merck KGaA in Germany. The company is divided into three business lines: Healthcare ...
Coat of arms of the Darmstadt branch of the Merck family Coat of arms of the Hamburg branch of the Merck family Engel-Apotheke. The Merck family is a German noble family of industrialists and bankers, known for establishing the world's oldest pharmaceutical company Merck, its American former subsidiary Merck & Co. (MSD), which is now an independent company, as well as the Hamburg merchant bank ...
Sigma-Aldrich was created in 1975 by the merger of Sigma Chemical Company and Aldrich Chemical Company. It grew through various acquisitions until it had over 9,600 employees and was listed on the Fortune 1000. The company has two United States headquarters, in St. Louis and Burlington, MA and has operations in approximately 40 countries. [7]
George W. Merck was born in New York City, to George Friedrich and Friedrike (Schenck) Merck. His father had emigrated from Germany in 1891 to oversee the new office of E. Merck and Company at 62 Wall Street. He was raised in Llewellyn Park, New Jersey, where he had access to Thomas Edison's workshop.
It was under his leadership that Merck became the world’s largest drug maker and tripled the company’s research and development spending – more than any other pharmaceutical firm at that time. [ 1 ] [ 4 ] [ 7 ] Under Horan, Merck introduced the hepatitis B vaccine , Ivermectin , as well as new antibiotics and drugs to treat high blood ...
“My company had five-year EPS (earnings per share) guidance. Twenty-five days into the job, I decided that was the wrong thing for Merck, in the long term. So I called my board and I said ...
Merck Serono (known as EMD Serono in the United States and Canada), a pharmaceutical company headquartered in Darmstadt, Germany, and a brand and division of Merck focused on biopharmaceuticals Merck & Co. , Inc. (known as MSD ( Merck Sharp & Dohme ) outside North America), an American pharmaceutical company and a former subsidiary of the ...