← Home
🚀 Sign up Free for Public Company Valuation & Insights!
Sign up for free to get access to the best public company valuation and insights. Get started today and unlock the potential of your investments!
Sign up free Video Highlights
Merck
-4.8%
Pharma / Pharma
At a Glance | Core Facts | Company | Industry | Competitors | Stock Swings | News | Income | Balance | Cash Flow | Growth | Enterprise | Ratios | Metrics | Dividends | Risks | SWOT | Porter's Five Forces | PEST | Score Positive | Clusters | Reports | WebOverview
Merck is a global pharmaceutical and chemical company founded in 1668 in Darmstadt, Germany. It was originally a supplier of traditional chemicals, but later expanded into pharmaceuticals, life sciences, and performance materials. Merck is also known as Merck KGaA, as it is a family-owned company with around 50% of its shares controlled by the descendants of its founder, Friedrich Jacob Merck.
The company has a strong presence in Europe and the United States, as well as in emerging markets such as China, India, and Latin America. It employs over 57,000 people and generates annual revenues of around 14 billion euros.
Merck's pharmaceutical division focuses on developing and commercializing innovative medicines in various therapeutic areas, including oncology, neurology, immunology, and cardiovascular diseases. Its life sciences division provides products and services for research, development, and production in the biopharmaceutical and biotechnological industries. The performance materials division provides materials and technologies for various industries, including healthcare, electronics, coatings, and cosmetics.
The company's mission is to "empower scientists and engineers to create and make life-changing innovations that improve people's lives." It is committed to sustainability and has set ambitious targets to reduce its environmental impact, promote diversity and inclusion, and improve access to healthcare for underserved populations.
Merck is also actively involved in corporate social responsibility initiatives, including providing disaster relief and supporting education and community development programs around the world.
The company has a strong presence in Europe and the United States, as well as in emerging markets such as China, India, and Latin America. It employs over 57,000 people and generates annual revenues of around 14 billion euros.
Merck's pharmaceutical division focuses on developing and commercializing innovative medicines in various therapeutic areas, including oncology, neurology, immunology, and cardiovascular diseases. Its life sciences division provides products and services for research, development, and production in the biopharmaceutical and biotechnological industries. The performance materials division provides materials and technologies for various industries, including healthcare, electronics, coatings, and cosmetics.
The company's mission is to "empower scientists and engineers to create and make life-changing innovations that improve people's lives." It is committed to sustainability and has set ambitious targets to reduce its environmental impact, promote diversity and inclusion, and improve access to healthcare for underserved populations.
Merck is also actively involved in corporate social responsibility initiatives, including providing disaster relief and supporting education and community development programs around the world.
What is special about the company?
Merck is a global pharmaceutical and healthcare company that has been in operation for over 350 years, making it one of the oldest and largest pharmaceutical companies in the world. It has a long history of innovation and research, leading to the development of numerous medications and vaccines that have significantly improved global health. The company also has a strong commitment to sustainability and corporate responsibility, emphasizing ethical business practices and giving back to the communities in which it operates. Merck is also known for its diverse workforce and inclusive culture, with a focus on promoting diversity and inclusion in all aspects of its operations. Additionally, Merck has a strong focus on research and development and invests heavily in new technologies and innovations to continue driving scientific advancements in the healthcare industry. Overall, Merck's dedication to improving global health, commitment to ethical and responsible business practices, and emphasis on diversity and research make it a unique and respected company in the pharmaceutical industry.
What the company's business model?
The Merck company is a global pharmaceutical company that operates under a traditional business model. This means that it creates, manufactures, and markets prescription drugs, vaccines, biologic therapies, animal health products, and over-the-counter medications. The company's main revenue source is through the sale of these products to health care professionals and directly to consumers. Merck also engages in research and development of new medicines, and has a large portfolio of products focused on therapeutic areas such as oncology, cardiovascular diseases, vaccines, infectious diseases, and animal health. In addition to developing and selling its own products, Merck also engages in partnerships and collaborations with other companies in the healthcare industry.
Interesting facts about the company
1. The company was founded in 1668 by Friedrich Jacob Merck, making it one of the oldest pharmaceutical companies in the world.
2. In 1891, Merck created the first pharmaceutical research laboratory in the United States.
3. Merck developed the first vaccine for typhoid fever in 1906.
4. In 1953, Merck became the first company to market a measles vaccine.
5. The company pioneered research in the field of antibiotics, leading to the development of streptomycin in 1944.
6. In 1963, Merck introduced the first oral contraceptive pills.
7. The company’s headquarters have been located in Darmstadt, Germany since its founding.
8. Merck has been responsible for the discovery and development of many well-known drugs, including Proscar, Fosamax, and Gardasil.
9. In 2009, the company acquired Schering-Plough, making it one of the largest pharmaceutical companies in the world.
10. In 2017, Merck’s experimental drug Keytruda was approved by the FDA, becoming the first immunotherapy drug to successfully treat certain types of cancer.
11. Merck has a strong commitment to corporate social responsibility and has been recognized by various organizations for its efforts in sustainability and philanthropy.
12. In 2019, the company announced a $1.85 billion investment to expand its production of key drugs and vaccines, further establishing Merck as a leader in the pharmaceutical industry.
See Company Analysis
2. In 1891, Merck created the first pharmaceutical research laboratory in the United States.
3. Merck developed the first vaccine for typhoid fever in 1906.
4. In 1953, Merck became the first company to market a measles vaccine.
5. The company pioneered research in the field of antibiotics, leading to the development of streptomycin in 1944.
6. In 1963, Merck introduced the first oral contraceptive pills.
7. The company’s headquarters have been located in Darmstadt, Germany since its founding.
8. Merck has been responsible for the discovery and development of many well-known drugs, including Proscar, Fosamax, and Gardasil.
9. In 2009, the company acquired Schering-Plough, making it one of the largest pharmaceutical companies in the world.
10. In 2017, Merck’s experimental drug Keytruda was approved by the FDA, becoming the first immunotherapy drug to successfully treat certain types of cancer.
11. Merck has a strong commitment to corporate social responsibility and has been recognized by various organizations for its efforts in sustainability and philanthropy.
12. In 2019, the company announced a $1.85 billion investment to expand its production of key drugs and vaccines, further establishing Merck as a leader in the pharmaceutical industry.
See Company Analysis
Wait! There's more — sign up for free or log in