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...In October 2019, Merck also completed a €5.8bn acquisition of US-based Versum Materials, which makes critical components used in semiconductors. Merck declined to comment....
...Merck KGaA chief Belén Garijo will be all too aware of the highs and sudden crushing lows of drug trials....
...Merck estimates that 2.8mn people have MS, a neurological condition with symptoms including balance and movement problems, pain and tiredness....
...Merck knows how that feels. Its shares slumped 12 per cent on Wednesday after a multiple sclerosis medicine flopped in late-stage trials....
...Dog-like robots developed by SoftBank’s Boston Dynamics will be deployed on the main campus of the 352-year-old German pharmaceutical group Merck to alleviate the need for “routine work” in incineration...
...Germany’s Merck has reported a double-digit decline in underlying earnings last year after taking a hit from foreign exchange losses....
...Merck will also assume Versum’s roughly $570m of net debt as part of the transaction....
...Merck added that the offer to buy Versum shares underscored its “firm and unwavering commitment to acquire” the group....
...Also, while Siltronic is likely to stop brownfield expansion in 2020, supply discipline at all players is not guaranteed.”Kepler Cheuvreux Credit Suisse highlighted the performance of Merck KGaA’s materials...
...Mr Slatten estimated that figure for Merck had fallen below 2 times earnings at the end of 2018....
...It will make use of Palantir’s data-crunching software and Merck’s relationships with lab researchers. Each partner will own half of the Boston-based venture....
...Kenneth Frazier, chief executive of Merck, said prices would come down if the system was changed so that no one company faced a disadvantage....
...She was picking up Temodor, a Merck-made drug for her stage IV brain cancer, that usually cost her $75....
...KGaA cut to “underperform” at Merrill Lynch; Nestlé rated new “hold” at HSBC; PSP Swiss raised to “neutral” at JPMorgan; PayPoint rated new “market perform” at KBW; Qinetiq cut to “neutral” at Credit Suisse...
...KGaA cut to market perform at Bernstein; Ophir Energy downgraded to “hold” at Canaccord; ProSieben raised to “outperform” at Macquarie; Randstad cut to “overweight” at Morgan Stanley; SAP cut to “hold”...
...KGaA cut to “neutral” at UBS; RTL downgraded to “neutral” at Exane BNP Paribas; RTL upgraded to “hold” at Deutsche Bank; Raiffeisen raised to “equal-weight” at Morgan Stanley; Salmar downgraded to “hold...
...P&G hopes Merck’s faster-growing brands will boost its prospects. Merck’s consumer healthcare business generated sales of €911m in 2017, with growth of 6 per cent over the past two years....
...Merck’s consumer health business may also come up for sale - meaning Ms Walmsley, whose background is in consumer brands, has a chance to bring Chapstick lip balm and Seven Seas vitamins into the GSK portfolio...
...Merck told the Financial Times that internal funding constraints would prevent the business reaching its “required scale . . ....
...He added: “It is no exaggeration to state that for the first time in decades Merck has a promising pipeline.”...
...The German company shares its name and historical ties with Merck & Co of the US, but the pair are now separate companies, with Merck KGaA of Germany holding global rights to the name while the US drugmaker...
...Merck KGaA grew sales not profits in 2015, as the world’s oldest operating chemical and pharmaceutical company counted the cost of a recent acquisition....
...Merck of Germany has won the backing of a UK court in its battle with Merck of the US over the family name shared by the rival drugmakers....
...Talking to the FT, Karl-Ludwig Kley, chairman of Merck, the world’s oldest pharmaceuticals company, expressed admiration for the way the new companies were “wonderfully able” to deconstruct the value chain...
...Merck aims to increase its Africa turnover by registering more pharmaceutical products and increasing sales to both governments and private sector....
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