Pharma observers of today might sometimes see Merck KGaA (MRK: DE) as somewhat smaller than its American namesake and as having been left behind by more recent arrivals on the European pharma scene.
But the German company - which was founded in 1668 and is one of the world’s oldest pharma firms - has now outlined a strategy that, if realized, will make it one of the most innovative in the industry.
"A mindset of design simplicity and resource discipline paired with agility of execution"
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