Merck & Co., Inc. Overview
Company Headquarters: New Jersey, US
Founded: 1891
Workforce: ~69,000
Company Working: Merck & Co., Inc. (Merck) is a leading global biopharmaceutical company that develops prescription medicines, vaccines, biologic therapies, and animal health products. The company operates in more than 140 countries to deliver innovative health solutions. It operates through pharmaceutical, animal health, and healthcare services segment. The pharmaceutical segment includes human health pharmaceutical and vaccine products. The animal health segment discovers, develops, manufactures, and markets animal health products, such as pharmaceutical and vaccine products, for the prevention, treatment, and control of diseases in livestock and companion animal species, which it sells to veterinarians, distributors, and animal producers. The healthcare services segment offers services and solutions that focus on engagement, health analytics, and clinical services to improve the value of care delivered to patients.
Strategy
Merck focuses on developing a diversified product portfolio by the innovation and development of products, thus delivering integrated solutions to large healthcare customers. It is engaged in making externally sourced programs a more significant component of its pipeline strategy, with a strong focus on internal research and external alliance through collaborations. It aims to increase its product portfolio via R&D investments. The company is focused on acquisitions and partnerships with established players. The company also emphasizes specialty products in healthcare, life science, and performance materials.



