 Merck strategies and others
Hi. The most recent strategy of Merck would be its entire restructuring, i.e. closing over 30 manufacturing plants and cutting off roughly 11% of its labour force. In my opinion, it might be due to its voluntary withdrawal of its painkiller drug, Vioxx in 2004 which had also caused billions of legal lawsuits.
The restructuring of Merck would mean that it would rely more on outsourcing and building up closer relationships with its key suppliers.
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