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26-Oct-2005 - Merck KGaA announced that the Supervisory Board of Merck KGaA has elected Prof. Dr. Wilhelm Simson as its new Chairman. On January 1, 2006 he will succeed Peter Zühlsdorff, who will remain a member of the Supervisory Board. Simson, 67, has been a member of the Supervisory Board since April ...
29-Sep-2005 - Merck KGaA announced new plans for its wholly owned division Merck Consumer Health Care (CHC) to establish a new joint health market in Asia, estimated to be worth US$100 million. Kai Beckmann, Managing Director of Merck Pte. Ltd Singapore and Merck Sdn. Bhd. Malaysia, subsidiaries of Merck KGaA, ...
15-Sep-2005 - Merck KGaA announced that its Spanish subsidiary Merck Genericos SL has purchased the pharmaceutical business of Prasfarma from Almirall Prodesfarma SA, for EUR 20 million, including inventories and other working capital. "A key element of our strategy in Europe is to expand in fast growing ...
23-Aug-2005 - Dyax Corp. announced that it has granted a non-exclusive license to its proprietary phage display libraries to Merck KGaA for the discovery and development of therapeutic antibodies and peptides. Under the terms of the agreement, Dyax receives an upfront technology license fee from Merck, as well ...
12-Aug-2005 - Merck KGaA announced that Thad Evans will join the company on October 1, 2005, and will succeed Joachim Szebel as head of the Pigments Division on January 1, 2006. Szebel, 61, has been with Merck for 33 years and will retire at the end of 2005. Evans, 47, has held various management positions ...
10-Aug-2005 - Merck KGaA announced that it has established a generic pharmaceuticals business, Genpharm, L.P., in New York to provide direct access to customers in the United States. "This will increase Merck's presence in the world's largest pharmaceutical market and will help solidify our position as the ...
10-May-2005 - Merck KGaA announced that it has signed a refinancing of its EUR 1.0 billion credit facility with a group of leading international banks. The seven-year Multi-Currency Revolving Credit Facility provides the German pharmaceutical and chemical group with better economic and contractual terms versus ...
20-Apr-2005 - The acquisition of the global electronic chemicals business of Merck KGaA, Darmstadt, by BASF Aktiengesellschaft, Ludwigshafen, was closed, April, 15, 2005. The anti-trust authorities approved the transaction unconditionally. The acquisition includes Merck's production sites and distribution ...
21-Feb-2005 - The Merck Group reported that its Profit After Tax for 2004 more than tripled to EUR 672 million as the result of exceptional gains, good business results, improved Financial Result and a lower tax rate. Liquid Crystals sales jumped 33% to EUR 583 million and Erbitux, with first-year sales of EUR ...
31-Jan-2005 - Merck KGaA announced that it sold its worldwide Electronic Chemicals business to BASF AG of Ludwigshafen for EUR 270 million in order to focus on its innovation-driven businesses of pharmaceuticals and chemicals. The transaction is still subject to approval by antitrust authorities and is ...
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