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A multinational pharmaceutical company, Merck is known for developing medicines, vaccines, biologic therapies, and animal health products. The company’s operations are managed on a products basis that includes two operating segments: the pharmaceutical and animal health segments. Merck has grown steadily in recent years, thanks in large part to a string of blockbuster drugs and products. In 2020, the company had six products that each earned over $1 billion in revenue, including Keytruda, a cancer treatment drug, and Gardasil, an HPV vaccine. During the coronavirus pandemic, Merck teamed up with competitor Johnson & Johnson to help manufacture and distribute J&J’s COVID-19 vaccine, a significant step in helping the country recover from the devastating impacts of the coronavirus pandemic.
Brendan McDermid—REUTERS
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