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Merck, one of the
oldest chemical and pharmaceutical companies in the world, has long been
a family affair. The pharmaceutical giant was born in 1668 when Friedrich
Jacob Merck, an apothecary, acquired the Engel-Apotheke in
Darmstadt, Germany. Emanuel Merck took over the pharmacy in 1816 and began
to manufacture bulk quantities of alkaloids, plant extracts and other
chemicals. 1888 saw the market introduction of Mercks guaranteed
pure reagents.
Increased sales
led to Mercks worldwide expansion. In 1891, George Merck, grandson
of Emanuel Merck, took over the companys New York office and established
Merck & Co. In 1902, he began the manufacture of fine chemicals including
bismuths, iodides, and narcotics such as morphine and cocaine. Although
World War I forced Merck & Co. to sever ties with its German parent,
expansion continued under the guidance of George's son, George W. Merck.
Mergers in 1927 with chemical producer PWR and in 1953 with pharmaceutical
company Sharp & Dohme steered the chemical manufacturer into the business
of pharmaceutical research.
Work in the Merck
Sharp & Dohme Research Laboratories brought about unique new products
in the treatment and prevention of disease. In 1973, Sinemet was introduced
for treating Parkinson's disease. The glaucoma medicine Timoptic and Heptavax-B
hepatitis B vaccine followed.
Among Merck & Co.s
most successful pharmaceuticals are Zocor and Mevacor, cholesterol
drugs that control 40% of the world market. In addition, Merck
has the top-selling drug for hypertension (Vasotec) as well as
new drugs such as Crixivan (AIDS treatment) and Propecia (for
baldness).
Bayer | Bristol-Myers Squibb
| Hoechst Marion Roussel | Eli
Lilly | Merck
Miles | Pfizer
| Searle | SmithKline
Beecham | Wyeth-Ayerst
Index

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