Merck KGaA (MRK.DE) XETRA

120.55

+0.45(+0.37%)

Updated at December 23 07:07PM

Currency In EUR

Merck KGaA

Address

Frankfurter Strasse 250

Darmstadt, 64293

Germany

Phone

49 6151 72 0

Sector

Healthcare

Industry

Drug Manufacturers - Specialty & Generic

Employees

59020

First IPO Date

June 26, 1998

Key Executives

NameTitlePayYear Born
Kai BeckmannDeputy Chief Executive Officer of Electronics & Member of the Executive Board4.99M1965
Belen Garijo LopezChair of Executive Board & Chief Executive Officer6.79M1960
Danny Bar-ZoharMember of the Executive Board & Chief Executive Officer of Healthcare01970
Jean Charles WirthMember of the Executive Board & CEO Life Science01973
Helene von RoederChief Financial Officer & Member of Executive Board3.52M1970
Michael HeckmeierHead of the Display Materials Business Unit for Performance Materials01967
Florian SchraederHead of Investor Relations0N/A
Frank GotthardtHead of Corporate & Government Relations - Europe0N/A
Marc HornHead of Life Science Controlling01975
Khadija Ben HammadaMember of the Executive Board & Chief People Officer01980

Description

Merck KGaA operates as a science and technology company in Germany. It operates through Life Science, Healthcare, and Electronics segments. The company's Life Science segment offers tools, chemicals, and equipment for academic labs, biotech, and pharmaceutical manufacturers, as well as industrial sector. This segment also provides drug manufacturers with process development expertise and technologies, such as continuous bioprocessing; testing kits and services; reagents and services; testing solutions that analyze air, water, and soil; and testing and tools, as well as products that help test nutritional value and identify quality inconsistencies. The Healthcare segment discovers, develops, manufacturers, and markets prescription drugs and biopharmaceuticals for the treatment of oncology, neurology and immunology, fertility, endocrinology, as well as cardiovascular, diabetes, thyroid disorders, and multiple sclerosis; general medicines; and injection device and disease monitoring software. The Electronics segment supplies materials for the semiconductor and display industries and surface design, such as delivery systems and services, as well as surface solutions, including cosmetics, effect pigments, and functional solutions. In addition, it has in-licensing agreement with Debiopharm International SA for developing and commercializing drug candidates for the treatment of head and neck cancer; Jiangsu Hengrui Pharmaceuticals Co. Ltd. for developing, manufacturing, and commercializing drug candidates for the treatment of metastatic colorectal cancer; and Abbisko Therapeutics Co. Ltd. for developing and commercializing of drug candidates for the treatment of tenosynovial giant cell tumor, as well as license and collaboration agreement with Merck KGaA to discover two targeted protein degraders against critical oncogenic proteins. The company was founded in 1668 and is headquartered in Darmstadt, Germany. Merck KGaA operates as a subsidiary of E. Merck KG.