Merck and Weizmann Institute sign new agreement

16 February 2016

German science and technology specialist Merck (MRK: DE) has extended its partnership with Israel’s Weizmann Institute.

The new framework agreement on research collaboration builds on a successful innovation partnership of almost four decades.

The agreement was signed by senior Merck board members Stefan Oschmann and Belén Garijo along with Mudi Sheves and Amir Naiberg of the Weizmann Institute. It will span the next three years, with an option for multiple successive extensions of two years each.

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