In: Economics
company background on Merck
Merck & Co. Inc., established in the year 1891, is one of the largest pharmaceutical companies as the subsidiary of the German Company Merck. The company headquarters in Kenilworth in New Jersey, United States, by market capitalization and revenue, it has categorised as one of the largest pharmaceutical company in the world. The company is known as Merck in Canada and the United States; everywhere else, it is known as MSD. The Company operates in nearly more than 140 nations. "MERCK & CO., INC" is the legal name and on the New York Stock Exchange it is listed under the symbol "MRK."
It provides health solutions through its prescription medicines, biologic therapies, vaccines, and animal health products. The company operates through four segments namely:
--Pharmaceutical segment consists of human health pharmaceutical and vaccine products that are marketed either directly by it or through joint ventures
--The segment of Animal Health develops, discovers, manufactures and markets animal health products, inclusive of vaccines
--The Company's Healthcare Services segment includes solution and providing services that focus on engagement, clinical services and health analytics.
--Healthcare Alliances include preventive and therapeutic agents for the human disorders treatment.