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Monday, February 7, 2022

Merck KGaA to Reorganize, Add New Business Units to Life Sciences Division

 Merck KGaA said Monday that it would reorganize its growth-driving life-sciences division and that it would add new business units.

The German pharmaceuticals-and-chemicals company said it would integrate its existing contract-development and manufacturing organization and contract-testing services into one unit, named life science services. This will include the company's mRNA output, which is used in the development of some Covid-19 vaccines.

Merck's research-solutions and applied-solutions business units will also be merged into one, named science and lab solutions, the company said.

https://www.marketscreener.com/quote/stock/MERCK-KGAA-436395/news/Merck-KGaA-to-Reorganize-Add-New-Business-Units-to-Life-Sciences-Division-37804241/

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