Merck, the FDA, and the Vioxx Recall
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Merck, the FDA, and the Vioxx Recall
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Merck, the FDA, and the Vioxx Recall
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Introduction of Merck
In 2005 the company ranked fourth in sales, after Pfizer, Johnson & Johnson, and GlaxoSmithKline.
In assets and market value, it ranked fifth. However, Merck ranked first in profits, earning $7.33 billion on $30.78 billion in sales.
Company
Sales ($bil)
Profits ($bil)
Assets ($bil)
Market value($bil)
Pfizer
40.36
6.20
120.06
285.27
Johnson & Johnson
40.01
6.74
46.66
160.96
GlaxosmithKline
34.16
6.34
29.19
124.79
Merck
30.78
7.33
42.59
108.76
_SLIDE_3_
1851
Dr. Ernst Christian Friedrich Schering begins developing and selling pharmaceutical products in Berlin. Three years later, the company opened its first production facility.
1891
Merck&Co. opens its doors in United States. The U.S. subsidiary’s patent company, E. Merck, was originally founded in Darmstadt, Germany, in 1668
1933
Merck dedicates its first research labotories in Rahway, NJ.
1944
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Merck, the FDA, and the Vioxx Recall
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