Eric Pan 1055-005  Merck & Co Eric pan 1055-005 2016/09/27.

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Presentation transcript:

Eric Pan 1055-005  Merck & Co Eric pan 1055-005 2016/09/27

Eric Pan 1055-005 About Merck & Co VISION: To make a difference in the lives of people globally through our innovative medicines, vaccines, and animal health products. We are committed to being the premier, research-intensive biopharmaceutical company and are dedicated to providing leading innovations and solutions for today and the future. MISSION: To discover, develop and provide innovative products and services that save and improve lives around the world. OUR VALUES: Our core values are driven by a desire to improve life, achieve scientific excellence, operate with the highest standards of integrity, expand access to our products and employ a diverse workforce that values collaboration.

Eric Pan 1055-005 Who is Merck & Co? WHO WE ARE: We are a global healthcare company with a 125- year history of working to make a difference. Our company is known as Merck in the United States and Canada. Everywhere else, we are known as MSD. HEADQUARTERS: Kenilworth, N.J., U.S.A. and operates in more than 140 countries. MERCK & CO., INC. : is our legal name and is listed on the New York Stock Exchange under the symbol "MRK. EMPLOYEES: approximately 68,000 worldwide (as of 3/31/16).

Company history Early history and roots Eric Pan 1055-005 Company history Early history and roots Merck & Co. traces its origins to its original German parent company Merck, which was established by the Merck family in 1668 when Jacob Friedrich Merck purchased a drug store in Darmstadt. In the 19th century, the Merck company in Darmstadt evolved from a pharmacy to a major pharmaceutical company which pioneered the commercial manufacture of morphine. In 1891, family member George (Georg) Merck emigrated to the United States and set up Merck & Co. in New York as the US subsidiary of the family company. Merck & Co. was nationalized by the US government in 1917 and re-established as an independent American company. Until the end of World War II, the company was led by George W. Merck. Merck & Co. hold the trademark rights to the "Merck" name in North America, while its former parent company retains the rights in the rest of the world.[3] In 1929, H. K. Mulford Company merged with Sharpe and Dohme, Inc. This company brought to the future Merck & Co, Inc vaccine technology, including immunization of cavalry horses in World War I and delivery of a diphtheria antitoxin in 1925.

Eric Pan 1055-005 Some Legacy products First statin: Merck scientists also developed lovastatin, the first drug of the statin class. It was marketed under the trade name Mevacor. Vaccines: Medically important vaccines developed at Merck include the first mumps vaccine, the first rubella vaccine, and the first trivalent measles, mumps, rubella (MMR vaccine), each of which was developed by Merck scientist Maurice Hilleman. Thiazide anti-hypertensives: The thiazide diuretics were discovered developed by scientists Karl H. Beyer, James M. Sprague, John E. Baer, and Frederick C. Novello of Merck and Co. in the 1950s, and led to the marketing of the first drug of this class,chlorothiazide, under the trade name Duiril in 1958.

Merck & Co leadership hierachy Eric Pan 1055-005 Merck & Co leadership hierachy Kenneth C. Frazier CEO Richard R. DeLuca Jr Robert Davis SANAT CHATTOPADHYAY Mirian M. Graddick-Weir Ph.D. Michael J. Holston Roger Perlmutter Adam H. Schechter

Eric Pan 1055-005

Eric Pan 1055-005 Stock trends for 2 years

http://www.merck.com/index.html Questions? Watch it again!!! Eric Pan 1055-005 Questions? Watch it again!!! http://www.merck.com/index.html