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Website: http://www.merck.com Merck is the world's top pharmaceutical and research company. Merck discovers, develops, manufactures and markets vaccines and medicines in more than 20 therapeutic categories. The company's top products include: Zocor, which helps reduce cholesterol; Fosamax, which prevents osteoporosis in women; Cozaar, used for treating high blood pressure; Singulair, which treats asthma and allergies; Propecia, which helps treat male hair loss. In 2007, Merck had revenues of $24.1 billion with net income of $3.27 billion. The company spent $4.8 billion on research and development last year. The company has 28 manufacturing sites and sells products in 140 countries. As part of a global restructuring program announced last November, Merck plans to sell or close five manufacturing sites and two preclinical sites by the end of 2008. The manufacturing facilities included in the restructuring are: Ponders End, United Kingdom; Okazaki, Japan; Kirkland, Canada; Albany, GA. and Danville, PA in the United States. The two preclinical sites are in Okazaki and Menuma, Japan. Merck announced in February it has settled dispute over Medicaid payments and its sales and marketing activities. Merck has agreed to pay $250 million plus interest to the federal government and 49 states as a settlement. History Established in 1891 by George Merck, the company started off as a fine chemicals supplier. Merck & Co., Inc began its pharmaceutical research in the early 1930's. The merger with Sharp & Dohme to create Merck Sharp & Dohme (MSD) in 1953 established a solid foundation for a fully integrated, multi-national producer and distributor of pharmaceutical products. Merck & Co., Inc acquired Medco Containment Services, Inc. in 1993, the leading pharmacy benefits management company in the United States. Medco was spun off as an independent company in 2003. Benefits - Competitive Base Salary A Flexible Benefits package including: Updated February 27, 2008 |