Merck (MRK) Will Move Global HQ Out of Whitehouse Station, N.J.
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Merck (MRK) Announces Corp. Streamlining; Will Cut 8,500 Positions
October 1, 2013 7:35 AM EDTMerck (NYSE: MRK) announced a global initiative to sharpen its commercial and research and development (R&D) focus. The multi-year initiative will enable Merck to better target its resources behind those opportunities that have the potential to deliver the greatest return on investment, including bolstering its pipeline and implementing a more agile operating model, with a significantly reduced, more flexible cost structure.
These actions will make Merck a more competitive company, better positioned to drive innovation and to more effectively commercialize medicines and vaccines for the people who need them, said Kenneth C. Frazier,... More
