Merck & Co

Merck & Co., Inc. traces its roots to 1668 when Friedrich Jacob Merck purchased and began to operate a pharmacy in Darmstadt, Germany. After almost 200 years of operation, Heinrich Emmanuel Merck transformed the apothecary in 1827 into a drug manufacturing facility. Heinrich Emmanuel Merck established a sales office for E. Merck AG in the US in 1887. However, Heinrich Emmanuel Merck’s grandson, George Merck established Merck & Co., Inc. in 1891 after joining the US based E. Merck AG.

Merck & Co., Inc. began producing its own drugs in 1903 and in January 13, 1978, the company floated on the New York Stock Exchange through an IPO. Merck trades as MRK and is a part of the DJIA, S&P 100, and S&P 500 components. The company operates worldwide where it provides healthcare solutions. Major segments of the company are Healthcare Services, Animal Health, and Pharmaceutical. Merck is based in Kenilworth, New Jersey.

Latest Merck & Co News

S&P 500 Index breaks above the record high of 3,025

The time for merely challenging the crucial resistance is over for the S&P 500 index. The market has officially printed 3,027 level that marks a break above its all-time high of 3,025. The index opened at 3,003.32 on Friday, October...

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