Five dark drug secrets from oh-so-proper Germany
If you've been to a club in Berlin or Munich, you know Germans aren't shy about indulging in illegal pleasures. Here are five dark German drug secrets you didn't know about.
No more Merck cancer drug for Greek hospitals
German pharmaceutical company Merck has stopped selling its cancer drug Erbitux to Greek hospitals, as they are not able to pay. Patients needing the drug will have to buy it themselves from pharmacies.
More than 1,000 pharma jobs to go at Merck
German chemicals and pharmaceuticals group Merck KGaA announced plans to slash one in ten jobs in Germany over the next three years in an effort to save costs.
Merck to Portugal: pay bills or lose investment
German pharma giant Merck is threatening to withdraw millions of euros of investment from Portugal – because the state-run hospitals are on average more than 500 days behind in paying their bills.
Merck pharma closes Swiss HQ, cuts 580 jobs
The job losses at biotech firm Merck Serono were part of a wider restructuring plan "to create a leaner, more agile organisation," the company said in a statement.
Facebook holds Merck page over name fight
Facebook will sideline a Merck page at the social network until the German and American companies which share the name work out which one gets the online address.
Merck accuses US firm of Facebook page larceny
German pharmaceutical giant Merck KGaA has charged that US rival Merck and Co. somehow got control of its Facebook page and won’t give it back. To make matters worse, the company says the social network won’t help resolve the situation.
Merck snaps up Millipore for $7.2 billion
Merck KGaA on Monday hailed its takeover of Millipore, a US biotechnology firm, with the German pharmaceutical giant's chief executive Karl-Ludwig Kley saying he felt like he had won a gold medal.
Merck upbeat despite drop in profit
German chemical and pharmaceutical group Merck KGaA on Monday reported a sharp slump in quarterly net profit, but forecast higher earnings from its chemicals units and unveiled its first site in China.