Most global pharmaceutical companies are streamlining in the face of tougher competition from generic drugs, but Germany’s Merck KGaA is bucking the trend by expanding outside of health care.
The world’s oldest drug company is building up two units unrelated to its core business. One produces specialty chemicals such as the liquid crystals used in display screens. The other manufactures laboratory equipment for the biotechnology industry.
The world’s oldest drug company is building up two units unrelated to its core business. One produces specialty chemicals such as the liquid crystals used in display screens. The other manufactures laboratory equipment for the biotechnology industry.