Merck & Co.
American multinational pharmaceutical company / From Wikipedia, the free encyclopedia
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Merck & Co., Inc. is an American multinational pharmaceutical company headquartered in Rahway, New Jersey, and is named for Merck Group, founded in Germany in 1668, of which it was once the American arm. The company does business as Merck Sharp & Dohme or MSD outside the United States and Canada. It is one of the largest pharmaceutical companies in the world, generally ranking in the global top five by revenue.[5][6]
Company type | Public |
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Industry | Pharmaceutical industry |
Founded |
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Founders |
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Headquarters | Rahway, New Jersey, U.S. |
Area served | Worldwide |
Key people | Robert M. Davis (chairman, president and CEO) |
Products | |
Revenue | US$60.12 billion (2023) |
US$1.889 billion (2023) | |
US$365 million (2023) | |
Total assets | US$106.7 billion (2023) |
Total equity | US$37.58 billion (2023) |
Owner | Dohme Family |
Number of employees | c. 72,000 (2023) |
Website | |
Footnotes / references [1][2][3][4] |
Merck & Co. was originally established as the American affiliate of Merck Group in 1891. Merck develops and produces medicines, vaccines, biologic therapies and animal health products. It has multiple blockbuster drugs or products each with 2020 revenues including cancer immunotherapy, anti-diabetic medication and vaccines against HPV and chickenpox.[7]
The company is ranked 71st on the 2022 Fortune 500[8] and 87th on the 2022 Forbes Global 2000,[9] both based on 2021 revenues. In 2023, the company’s seat in Forbes Global 2000 was 73.[10]