US pharma giant Merck & Co (NYSE: MRK) is now managing its own vaccines portfolio across Europe.
This follows the disbanding of Sanofi Pasteur MSD, the European vaccines joint venture between French pharma major Sanofi (Euronext: SAN) subsidiary Sanofi Pasteur and Merck & Co, which is known as MSD outside of the USA and Canada.
Sanofi Pasteur MSD, owned on a 50/50 basis by the two companies, was created in 1994 to develop and commercialize vaccines originating from both companies' pipelines to improve and promote public health in 19 European countries.
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