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Merck & Co., Inc. (MRK) Dumps $250 Million into Singapore for Research and Manufacturing


10/21/2011 8:06:19 AM

Merck & Co. will expand its presence in Singapore through new manufacturing, marketing and research investments, according to a joint announcement from the pharmaceutical company and the Singapore Economic Development Board. Merck will spend $250 million over the next 10 years on improvements to its manufacturing site in Tuas, Singapore. It will also spend S$700 million on local research activities, it said. To contact the editor responsible for this story: Alan Soughley at asoughley@bloomberg.net.

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