Merck & Co.

Merck & Co. was founded in 1891 and is now one of the world's largest pharmaceutical corporations. This major American multinational pharmaceutical firm, based in Kenilworth, New Jersey, is noted for its autoimmune disorders, hypercholesterolemia, type 2 diabetes, cancer, and other illnesses and medical problems, as well as animal health products.

Merck had yearly sales of 46.8 billion dollars in 2019. In the first quarter of 2020, the firm posted worldwide revenues of $12.1 billion, an increase of 11%. This was followed by $10.9 billion in global sales in the second quarter and $12.6 billion in global sales in the third quarter of 2020. Global sales fell 8% in the second quarter of 2019 compared to the same period last year, owing to the unfavorable impact of COVID-19. The third quarter of 2020 saw a 1% increase in worldwide sales.

Merck's sales increased by $35.6 billion from the first to the third quarters of 2020. The business expects full-year sales in 2020 to range between $47.6 billion and $48.6 billion, excluding a 1.5 percent negative effect from foreign exchange.

Founded: 1891

HeadquartersKenilworth, NJ

Market Cap: 212.18B USD

Website: https://www.merck.com/