Sunday, November 8, 2026
TGOs

The business of defense

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Company

Merck & Co., Inc.

Merck is a global health care company that sells prescription medicines, including biologic therapies, vaccines and animal health products. ↗

HeadquartersRahway, NJ ↗
Founded1891 ↗
LeadershipRobert M. Davis, Chairman, CEO and President ↗
Employees75,000 ↗
Revenue$65.0 billion (fiscal 2025) ↗
Department of War obligations$997 million in prime contracts since fiscal 2022 ↗
SharesMRK ↗

Products

  • Keytruda is Merck's anti-PD-1 cancer therapy, given intravenously. ↗
  • Gardasil and Gardasil 9 are Merck's vaccines to help prevent certain cancers and diseases caused by certain types of human papillomavirus. ↗
  • Winrevair treats adults with pulmonary arterial hypertension. ↗
  • Capvaxive is Merck's 21-valent pneumococcal conjugate vaccine for adults. ↗
  • Welireg is Merck's oral treatment for certain von Hippel-Lindau disease-associated tumors and advanced renal cell carcinoma. ↗
  • Bridion reverses two types of neuromuscular blocking agents used during surgery. ↗
  • Ohtuvayre is an inhaled treatment for chronic obstructive pulmonary disease that Merck gained through Verona Pharma. ↗
  • Enflonsia is a long-acting monoclonal antibody that prevents RSV lower respiratory tract disease in infants. ↗

Customers

  • Federal entities including the Department of War and Veterans Affairs buy Merck medicines at statutory discounts. ↗

Acquisitions

  • Merck acquired Verona Pharma plc in October 2025, gaining the COPD product Ohtuvayre. ↗
  • Merck closed its acquisition of Cidara Therapeutics in January 2026. ↗

Segments

  • Merck reports two segments, Pharmaceutical and Animal Health. ↗