• Entry
  • Reader's guide
  • Entries A-Z
  • Subject index

Merck & Co.

Merck & Co., Inc., a large U.S. public pharmaceutical company, has faced several important ethical and social responsibility tests over the years. Established in 1891, Merck discovers, develops, manufactures, and markets vaccines and medicines in more than 20 therapeutic categories. The company has approximately 70,000 employees and sells products all over the world. Worldwide sales in 2014 were more than $42 billion. The firm has always had a patient-first approach to doing business as indicated by George Merck, the son of the founder, who stated that Merck tries never to forget that medicine is for the people, not for the profits. This view is currently reflected in the company’s values, which state that Merck’s business is preserving and improving human life. Although the firm has ...

  • Loading...
locked icon

Sign in to access this content

Get a 30 day FREE TRIAL

  • Watch videos from a variety of sources bringing classroom topics to life
  • Read modern, diverse business cases
  • Explore hundreds of books and reference titles