About Merck (MRK)

Company Description:

Merck & Co., Inc. is a global healthcare company that operates worldwide. The company is primarily involved in the discovery, development, manufacturing, and marketing of pharmaceutical products and vaccines.

Founded in 1891 by George Merck, Merck & Co. has its headquarters in Rahway, New Jersey, USA.

Main Product(s):

Merck & Co.'s main products include a wide range of prescription medicines, vaccines, biologic therapies, and animal health products. They are particularly renowned for their contributions to oncology, infectious diseases, diabetes, and vaccines.

Short History of Merck & Co., Inc.:

1891: Founded by George Merck in the United States.

1953: Merger with Sharp & Dohme, expanding its research capabilities.

1971: Introduced the first measles vaccine.

2004: Withdrew Vioxx, a leading painkiller, due to safety concerns.

2009: Merged with Schering-Plough, significantly expanding its product portfolio.

2018: Keytruda, its cancer drug, became a blockbuster, revolutionizing cancer treatment.

2021: Developed Molnupiravir, an oral antiviral treatment for COVID-19.