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Merck & Co., Inc. (MRK) Restructuring Hits Another Site, To Cease Operations At Puerto Rico Plant


11/18/2013 7:18:25 AM

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Merck will cease active ingredient production at one of its plants in Puerto Rico in a blow to a city once considered a pharmaceutical hub. The company said Friday that production in Barceloneta will end by late 2014 as part of a global restructuring. Merck said formulation and packaging operations at that plant will continue under a third-party contract.

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