Merck

Although Merck & Co., Inc. was first an American subsidiary of the German chemical and pharmaceutical manufacturer, Merck KGaA, it is now an independently-operating corporate entity that distributes and manufactures pharmaceutical goods. Merck & Co., Inc. is among the top 7 largest pharmaceutical companies in the world, and makes many popular medications, including Singulair and Propecia.

On March 9, 2009, Merck announced plans to buy the rival pharmaceutical company Schering-Plough Corp. for $41.1 billion.MarketWatch: Merck to buy Schering-Plough for $41.1 billion (March 9, 2009)

1. 1891: Company established as American branch of German chemical and pharmaceutical manufacturer, Merck KGaA
2. 1917: German ties severed after World War I and becomes an independent American company
3. December 22, 1997: FDA approves Merck's Propecia for treating male pattern hair loss
4. June 19, 2006: Patent expires on Propecia component drug
5. 2005: CEO Raymond Gilmartin retired, replaced by former president of manufacturing, Richard T. Clark
6. 2007: Listed as #99 in the Fortune 500

• CNNMoney: Schering-Plough Soars In Frankfurt Trade On Merck&Co Deal (March 9, 2009)

• Forbes: Merck Faces Another Tough Year (December 3, 2008)

• WSJ.com: Merck's Prospects Brighten For Vioxx Settlement (January 19, 2008)

• CNN Money: Merck recalls kids' vaccine (December 12, 2007)

• WSJ.com: ...to Announce Vioxx Settlement of $4.85 Billion (November 9, 2007)

• Associated Press: Merck to Pay $4.85B Vioxx Settlement (November 9, 2007)

• Fox News: Merck Lobbies For HPV Vaccine to Become Law (2007)

• Market Watch: Merck, Pfizer gain after diabetes data (2007)

• Business Wire: Merck Advances to No. 2 with Medical Directors (2007)

• CNN.com: FDA advisory documents says Merck HIV drug safe, effective (August 31, 2007)

• Merck Newsroom

• Topix: Merck News Search Results

• Google News: Merck Search Results

• Bristol-Myers Squibb: Official Site | Wikipedia

• Pfizer: Official Site | Wikipedia

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• Novartis: Official Site | Wikipedia

• GlaxoSmithKline: Official Site | Wikipedia

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