Merck & Co Inc - Company Profile
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View moreBusiness Description
Merck & Co Inc (Merck) develops and markets innovative products for the improvement of human and animal health. Merck is known as MSD outside the US and Canada. It offers products to treat cardiovascular, cancer, diabetes, respiratory, neurological, and infectious diseases, women’s health and immune disorders.
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R&D Overview
The company focuses its R&D efforts on the development of innovative products and new uses for existing products. It conducts research related to cancer, neurological disorders, diabetes, vaccines and infectious diseases. The company’s pipeline spans candidates for the treatment of cancer, diabetes, infectious diseases, cardiovascular diseases, neurological disorders, pain, respiratory diseases, vaccines, and other metabolic diseases. It is conducting over 1,200 clinical trials related to cancer research. It is also engaged in the development and discovery of vaccines, products related to infectious diseases including, HIV, and Ebola. The company conducts research related to cardio-metabolic disorders which include cardiovascular diseases and metabolic diseases. In FY2022, the company spent US$11,818 million on its R&D activities, which, as a percentage of revenue, stood at 19.9% of the company's revenue. As of December 31, 2022, the company has approximately 19,200 people engaged in R&D activities. It operates research facilities in New Jersey, Pennsylvania, California, Massachusetts and Nebraska in the US; and Switzerland and China outside the US.
Business Segments
Overview
-Discovers, develops, manufactures and markets animal health products for livestock, companion animal and aquaculture; and vaccines. Major products include: - Nuflor antibiotic range for use in cattle and swine - Banamine bovine and swine anti-inflammatory - Estrumate for the treatment of fertility disorders in cattle - Bovilis/Vista vaccine lines for infectious diseases in cattle - Matrix fertility management for swine - Resflor, a combination broad-spectrum antibiotic and non-steroidal anti-inflammatory drug for bovine respiratory disease - Zuprevo for bovine respiratory disease - Safe-Guard de-wormer for cattle - Zilmax and Revalor to improve production efficiency in beef cattle - Porcilis and Circumvent vaccine lines for infectious diseases in swine - M+Pac swine pneumonia vaccine. The company's poultry products include: - Nobilis/Innovax, vaccine lines for poultry - Paracox and Coccivac coccidiosis vaccines. Merck's companion animal products include: - Bravecto, a line of products that kills fleas and ticks in dogs - Caninsulin/Vetsulin diabetes mellitus treatment for dogs and cats - Nobivac vaccine lines for flexible dog and cat vaccination - Otomax /Mometamax/Posatex ear ointments for acute and chronic otitis - Regumate fertility management for horses - Panacur/Safeguard broad-spectrum anthelmintic (de-wormer) for use in many animals - Scalibor/Exspot for protecting from bites from of fleas, ticks, mosquitoes and sandflies - Prestige vaccine line for horses. Merck offers aquaculture products including: - Slice parasiticide for sea lice in salmon - Compact PD vaccine for salmon - Aquavac/Norvax vaccines to prevent bacterial and viral disease in fish - Aquaflor antibiotic for farm-raised fish. Also offers a comprehensive suite of products for digitally connected identification, traceability and monitoring. Sells its products to distributors, animal producers and veterinarians. - Considers product innovation, strategic acquisitions and partnerships as critical contributors to growth.
Performance
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Overview
Comprises Healthcare Services revenue, third-party manufacturing sales, revenue hedging activities, and miscellaneous corporate revenue. The Healthcare Services segment offers clinical services, health analytics, and engagement activities to enhance the delivery of care to patients.
Performance
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Overview
Offers human health pharmaceutical and vaccine products. -Provides therapeutic and prophylactic agents for the treatment of human disorders. -Offers drugs for the treatment of conditions related to respiratory system, dermatological conditions, cardiovascular, diabetes, infectious disease, cancer and vaccines. -Also offers vaccines including prophylactic, pediatric, adolescent and adult vaccines. - Classifies offerings into ten product categories: Oncology, Vaccines, Hospital Acute Care, Neuroscience, Virology, Cardiovascular, Diabetes, Immunology and Other Pharmaceutical products. - Major pharmaceuticals include, Keytruda, Gardasil/Gardasil 9, Januvia/Janumet, ProQuad/M-M-R II/Varivaxt, Bridion, Lynparza, Simponi, RotaTeq, and Lenvima. -Envisages product innovation, acquisitions and partnerships as critical factors for growth.
Performance
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Geographical Segments
- Asia Pacific (other than Japan and China)
- China
- Europe, Middle East and Africa
- Japan
- Latin America
- Other
- United States
Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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