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Merck Serono

Merck Serono
EMD Serono
Type Stock corporation
Founded 2007
Location Geneva, Switzerland (Headquarters)
Key people Elmar Schnee
CEO
Industry Biotechnology / Pharmaceutical
Key Products Rebif, Gonal-f, Luveris, Ovidrel/Ovitrelle, Serostim, Saizen, Zorbtive and Raptiva, Erbitux
Revenue USD ~5 billion (projected)
Website http://www.merckserono.ch/

Merck Serono (EMD Serono in the United States and Canada) is a pharmaceutical company headquartered in Geneva, Switzerland.[1] In September 2006, Merck KGaA announced its intent to purchase the majority of Serono shares from Ernesto Bertarelli and the Bertarelli family. The Merck-Serono merger was announced on September 21, 2006. Merck KGaA and Serono operated as distinct entities until at least January 2007. As of January 5 2007, Merck held the majority shares of Serono. The new company is called Merck Serono International S.A.

It should be noted that Merck KGaA is a completely separate company from the US company Merck & Co.. Therefore, in the US & Canada, Merck Serono is known as EMD Serono, Inc.

It is expected that Merck Serono will have a research and development budget over ? 1 billion.

Drugs they market include Erbitux, UFT, Rebif, Novantrone, Gonal,Ovidrel/Ovitrelle, Zorbtive, Luveris, Saizen, Serostim, Glucophage, Concor, Euthyrox, and Raptiva.

Collaborative Research

In addition to internal research and development activities Merck Serono is also involved in publicly funded collaborative research projects, with other industrial and academic partners. One example in the area of non-clinical safety assessment is the InnoMed PredTox.[2][3] The company is expanding its activities in joint research projects within the framework of the Innovative Medicines Initiative of EFPIA and the European Commission.[4]

References

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