Overview
Merck KGaA of Darmstadt, Germany, is a science and technology company operating through Healthcare, Life Science and Performance Materials sectors.[2] Forbes records sales of US$24.3bn, up 6.1%, and profit of US$2.9bn.[2] Only the Healthcare sector, which develops prescription medicines for cancer, multiple sclerosis and infertility, is pharmaceutical; Life Science sells laboratory materials, technologies and services, and the materials business supplies specialty chemicals.[2] Forbes records the company as founded by Friedrich Jacob Merck in 1668, the earliest founding date of any company in this ranking.[2] It is a separate company from Merck & Co. of the United States, ranked fourth. It employs 62,461 people.[2]
Merck KGaA strengths and limitations
Strengths
- Diversified across health care, life science and materials
- Sales growth of 6.1%
- Established life-science tools business
Limitations
- Pharmaceuticals are only part of its sales
- Name confusion with Merck & Co.
- Smaller pharma pipeline than the large US groups
Appears in
Merck KGaA peers and competitors
Companies ranked in the same lists as Merck KGaA.
Johnson & Johnson- Amgen
Daiichi Sankyo- Astellas Pharma
Viatris- Regeneron Pharmaceuticals
- CSL
Otsuka Holdings- Teva Pharmaceutical
Gilead Sciences
Takeda Pharmaceutical
GSK plc
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