Case Study on Merck

Axial
Axial
Published in
8 min readAug 19, 2022

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Merck is one of the greatest drug companies ever. With one of the best selling medicines in the world the company can trace its roots to a small German pharmacy centuries ago. Roughly the Merck story can be divided into 6 major events/parts:

  1. The establishment of Merck in the US and its split from the German parent during WWI
  2. George W. Merck leading the company and establishing a culture around the value of scientific research
  3. Roy Vagelos getting hired from academia and moving up to become CEO growing a culture centered around scientific excellence
  4. Post-Vagelos era of divestitures and management reorganization

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