Reducing Activities: company scaling back some business operations while continuing others
Stay Scaling BackMerck & Co., Inc. is an American multinational pharmaceutical company headquartered in Rahway, New Jersey, and is named for Merck Group, founded in Germany in 1668, of whom it was once the American arm. The company does business as Merck Sharp & Dohme or MSD outside the United States and Canada.
Reducing Activities: company scaling back some business operations while continuing others
Stay Scaling BackMSD stops deliveries of chickenpox and measles medicines to Russia. The American pharmaceutical company MSD has stopped deliveries and production in Russia of Isentress based on raltegravir for patients with HIV. Roszdravnadzor confirmed that the Russian subsidiary of the American company MSD Pharmaceuticals notified the service of its plans.
Merck to continue supplying essential medicines and vaccines in Russia and will donate any profit from Russia to humanitarian causes, the company will not make further investments in Russia, This includes stopping all promotional activities, capital investments and business development initiatives, Additionally, screening and enrollment in ongoing clinical trials, and planning for new studies in Russia have been suspended,