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From today’s perspective targeted smaller to medium-sized acquisitions after 2022 more likely than major transformative deals
Merck expects to deliver continued profitable growth in the coming years despite a challenging market environment. Today at its virtual Capital Markets Day, the company presented to analysts and investors the progress made in realizing the growth and expansion phase of its strategy for the period ...
Healthcare and Performance Materials more strongly affected by the Covid-19 pandemic than Life Science
Merck registered the effects of the Covid-19 pandemic in all business sectors in the second quarter. Healthcare and Performance Materials were affected most strongly. In comparison with the year-earlier quarter, Group sales increased by 3.7% to € 4.1 billion. EBITDA pre, the Group’s most ...
Belén Garijo appointed Vice Chairman of the Executive Board and Deputy CEO
The Board of Partners of E.MerckKG appointed Belén Garijo as Vice Chairman of the Executive Board and Deputy CEO of Merck KGaA. She will maintain her current Executive Board responsibilities. “The appointment of Belén Garijo as Vice Chairman of the Executive Board and Deputy CEO recognizes her ...
Startup from Merck Innovation Lab in Israel Markets First Predictive Maintenance Sensors
Merck announced the first commercial product from Feelit, based in Haifa, Israel. Feelit is an Industry 4.0 startup that was part of the Merck PMatX innovation lab for next-generation electronics in Israel. RetroFeel™, the company’s first product, combines a wireless edge device and a printed ...
Neuromorphic computing considered as key enabler of next-generation artificial intelligence
Merck announced its investment in SynSense (formerly known as aiCTX), a neuromorphic computing startup based in China and Switzerland. The startup’s AI (artificial intelligence) processors and sensors provide an unprecedented combination of ultra-low power consumption and low latency for a broad ...
Merck met all its financial targets and thus grew profitably in fiscal 2019. At the same time, Merck also made significant progress in executing its strategic agenda. “We delivered on our promise and achieved growth for all our key performance indicators, namely net sales, EBITDA pre and EPS pre. ...
Merck generated strong organic sales growth and benefited from positive foreign exchange effects in the third quarter of 2019. EBITDA pre increased even more strongly than net sales in the three-month period from July to September. Following the closing of the Versum Materials (Versum) ...
Merck and the German business journal manager magazin presented the Curious Mind Researcher Award in Berlin. Ulrike Kramm (40), a materials scientist, received the prize worth €7,500 in the category “Mobility and Energy”. Computer scientist Xiaoying Zhuang (36) was also awarded € 7,500 for her ...
RMB 100 million fund targets startups close to the three business sectors of Merck as well as new businesses
Merck announced an RMB 100 million (€ 13 million) seed fund targeted at startups in China. The company also officially opened its innovation hub in Shanghai and announced plans to officially open a second innovation hub in Guangzhou in November. “Our RMB 100 million China seed fund underlines our ...
Merck announced the closing of the transaction to acquire Versum Materials, Inc. for approximately €5.8billion. The business combination is expected to make Merck a leading electronic materials player focused on the semiconductor and display industries. The transaction closing followed the ...