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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 ...
Carl Merck (1809–1880), Syndicus (foreign affairs head) of the Free City of Hamburg; Ernst Merck (1811–1863), German businessman and politician; George W. Merck (1894–1957), American president of Merck & Co. Heinrich Emanuel Merck (1794–1855), German apothecary whose descendants were the founders of Merck chemical companies
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The former Merck & Co. headquarters building is a modernist office building located in the Whitehouse Station section of Readington Township, New Jersey, United States. [4] It was designed by Kevin Roche John Dinkeloo and Associates, LLC in the late 1980s for the Merck & Co. pharmaceutical company. [ 5 ]
The drugmaker agreed to pay $1.3 billion in cash and another $1.7 billion in future milestone-based payments for EyeBio, and will gain access to its retinal disease drug Restoret as part of the deal.