Merck Sharp and Dohme
British subsidiary of an American company
1891 Merck & Co., Inc. Rahway, NJ, USA, was founded on January 1, 1891. George Merck, age 23, established the company to distribute fine chemicals throughout New York City and the neighbouring areas.
George Merck's son, George W. Merck, led the company through the 1927 merger with Powers-Weightman-Rosengarten Co. and turned his attention toward building research capacity, catalyzing the company’s reputation for innovation.
1953 (1955?) The merger to create Merck Sharp & Dohme brought together extensive chemical research and manufacturing facilities with Sharp & Dohme's pharmaceutical development, marketing expertise and international presence. Sharp & Dohme's West Point, Pennsylvania facilities were included in the merger.
1955 The name of Sharp and Dohme Ltd was changed to Merck-Sharp and Dohme Ltd
1956 The name of Merck-Sharp and Dohme Ltd was changed to Merck Sharp and Dohme Ltd
1964 Merck Sharp and Dohme Ltd became Merck Sharp and Dohme (Holdings) Ltd
1972 Acquired the Kelco Co.[1]
1979. Alginate Industries was taken over by its largest competitor Kelco Company of California to become Kelco/AIL. This was followed by a period of rationalization and the workforce was trimmed back to reflect a reduced level of sales and prosperity.
1995. Merck sold its Kelco division to Monsanto, which included both its Alginate and Biogum Interests.
2009 Merck Sharp and Dohme and Schering-Plough completed a merger and began combined operations. The purchase made the company the second largest pharmaceutical company in United States by revenue
See Also
Sources of Information
- ↑ Alginates and Their Biomedical Applications, Page 3
- Companies house filings
- Company website [1]