Merck & Co Net Worth is$115.8 B
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Company Name: Merck & Co., Inc.,
Company Type: Public company
Traded As: MRK, S&P 500
Foundation: 1891 as a subsidiary of Merck KGaA, 1917 as an independent company
Location: Whitehouse Station, New Jersey, United States
Key People: Kenneth Frazier,
Industry: Pharmaceutical company
Products: Gardasil, #Products
Revenue: url
Homepage: [] Operating Income: net income
Assets: {{decrease US$ 105.128 billion (2011) Equity: {{decrease}} US$ 56.943 billion (2011) Num Employees: 86,000 (2011) Homepage: []
Merck & Co., Inc. (NYSE: MRK), dba Merck Sharp & Dohme, MSD outside the United States and Canada, is one of the largest pharmaceutical companies in the world. Merck headquarters is located in Whitehouse Station, New Jersey. The company was established in 1891 as the United States subsidiary of the German company now known as Merck KGaA. Merck & Co. was confiscated by the US government during World War I and subsequently established as an independent American company. It is currently one of the world's seven largest pharmaceutical companies by market capitalization and revenue.
The company describes itself as "a global research-driven pharmaceutical company" that "discovers, develops, manufactures and markets a broad range of innovative products to improve human and animal health, directly and through its joint ventures".
Merck also publishes The Merck Manuals, a series of medical reference books for physicians, nurses, and technicians. These include the Merck Manual of Diagnosis and Therapy, the world's best-selling medical textbook, and the Merck Index, a compendium of chemical compounds.
In 2011 the company received the "Facility of the Year"-Award for the integration of its global clinical supplies manufacturing, packing, and warehouse building in Summit, New Jersey, USA.
Merck & Co. traces its origins to Friedrich Jacob Merck, who purchased a drug store in Darmstadt, Germany, in 1668, and also to Emanuel Merck, who took over the store several generations later in 1816. Emanuel and his successors gradually built up a chemical-pharmaceutical factory that produced raw materials for pharmaceutical and other preparations.
In 1891, George Merck emigrated to the United States and set up Merck & Co. in New York as the US arm of the family partnership, E. Merck (named for Emanuel Merck), which is now Merck KGaA. In keeping with a national wartime policy, Merck & Co. was confiscated in 1917 and re-established as an independent American company. Until the en

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Merck & Co Latest News

Merck & Co. (MRK) Posts Quarterly Earnings Results, Beats Expectations By $0.08 EPS

Merck & Co. (NYSE:MRK) issued its earnings results on Tuesday. The company reported $1.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.99 by $0.08. The company had revenue of $10.50 billion for the quarter, compared to ...
Posted: October 27, 2016, 5:07 am

Gardasil leads the charge as Merck vaccines soar in Q3

With some key meds falling short of expectations in the third quarter, Merck’s ($MRK) vaccines turned in impressive sales to help carry the drug giant to overall growth. All told, Merck’s vaccines reeled in just over $2 billion in the third quarter ...
Posted: October 26, 2016, 6:16 am

Fitch Rates Merck's Euro Notes Offering 'A'

Fitch Ratings has assigned an 'A' rating to Merck & Co., Inc.'s (MRK/Merck) euro notes offering. A complete list of ratings follows at the end of this press release. --Recently introduced therapies, an advancing pipeline and manageable patent expiries ...
Posted: October 27, 2016, 11:03 am
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