May 22, 2013
Merck & Co. (NYSE:MRK) is one of the largest pharmaceutical companies in the world, producing a wide assortment of medications. The company bought Schering-Plough (SGP) in 2009 to become one of the three largest pharmaceutical companies.
Merck faces many of the challenges that face all pharmaceutical companies, including issues surrounding patent expiration and FDA approval. In addition, there is growing pressure in the US and abroad to lower the price of medication. [1]
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