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THE MERCK WAY - Merck KGaA

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WHEN YOU’VE PROSPERED IN BUSINESS<br />

FOR OVER 300 YEARS, YOU MUST HAVE DONE<br />

A FEW THINGS RIGHT.<br />

We’ve made history – but that’s no reason to sit back and relax.<br />

<strong>Merck</strong> is the world’s oldest pharmaceutical and chemical company<br />

with roots dating back to the year 1668. Since that time, a lot<br />

has happened, we’ve achieved a great deal – and a strong future<br />

lies ahead of us.<br />

By purchasing what would later become the Angel Pharmacy<br />

in Darmstadt – the origins of the still family-owned company –<br />

Friedrich Jacob <strong>Merck</strong> ventured a new start in 1668.<br />

At the turn of the 18th century, market regulation became tighter<br />

and the sale of medicines by “charlatans, barber surgeons and<br />

mongers” was highly restricted – an opportunity for pharmacists<br />

with entrepreneurial farsightedness.<br />

Emanuel <strong>Merck</strong>, who took over the pharmacy in 1816, made the<br />

fi rst step from the pharmacy to a global company. He initiated<br />

the move to industrial-scale production. In pharmacy, he laid the<br />

foundations for the transition from a craft to a science.<br />

When Emanuel <strong>Merck</strong> died in 1855, the fi rm had about 50 employees.<br />

At the turn of the 20th century, the company already had<br />

1,000 employees and its portfolio had grown to 10,000 products.<br />

Driven by the pioneering spirit that characterized the late 19th<br />

century, <strong>Merck</strong> established numerous subsidiaries abroad, including<br />

<strong>Merck</strong> & Co. in the United States, which today only shares<br />

the name with us.<br />

The acquisition of Serono of Switzerland made <strong>Merck</strong> one of the<br />

world’s leading biotech companies. With the purchase of Millipore<br />

of the United States, <strong>Merck</strong> is now a leading global player in the<br />

life sciences market.<br />

Today, approximately 40,000 people work for <strong>Merck</strong>. And they’ll<br />

continue doing more than just a few things right.<br />

07

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