Merck

Corporate Details:

Merck, incorporated in 1967, was the first Merck subsidiary company in Asia and at present it has a manufacturing base at Goa. Merck Limited manufacture and market pharmaceuticals, specialty fine chemicals, life science products and pigments for their clients.

Activities:

Merck is the only Indian company to manufacture Vitamin E and Guaiazulene. The other products and services offered by the Merck to satisfy their clients are:

• Pharmaceuticals -
  
  1. Vitamin Formulation
  2. Anti-oxidants
  3. Cardiologicals
  4. Dermatologicals
  5. Neurologicals
  6. NSAIDS
  7. Haematinics
  8. Anti-diabetics
  9. Bulk Drug like Vitamin E
• Pigments, Cosmetic Ingredients and Life Science products -
• Cosmetic active ingredients like Allantoin, Sun Screen agents and Rona Cosmetic Pigments.

Performance:

The sales of the company fell by 31% to ` 704 million and the profit before taxes fell by 26% to ` 229 million. This reduction in the Sales & Profit was due to sale of Life Science and Analytics, other than the Bulk Drug, Vitamin E, business in 2006. however, ` 22.1 million was added to the fixed assets during Jan-Mar 2007.

The Pharmaceutical business comprises of formulations used in area of cardiovascular, metabolic diseases and vitamins. There is a rise in the sales in this sector from ` 524 million in Jan to Mar 2006 to ` 561 million in Jan to Mar 2007. about 80 % of the Merck's total sales depends on the Pharma sector.

Incorporated in 2006, the Chemical business of Merck comprises Bulk Pharma Compounds and Specialty Pigments. Sales in the Chemical business fell by 48% from ` 490 million in Jan to Mar 2006 to ` 143 million in Jan to Mar 2007 due to the Sale of LSA business.

Organization:

Dr Marek Dziki is the Managing Director of the Merck.

Head office:
Merck Limited, Shiv Sagar Estate 'A'
Dr Annie Besant Road
Worli, Mumbai- 400018
India

Telephone: (91-22) 6660 9000
Fax: (91-22) 2495 4590/ 2495 0354/ 2495 0307/ 2493 6046