Bloomberg News

Merck & Co. Says to Invest in Singapore Expansaion and Research

October 21, 2011

Oct. 21 (Bloomberg) -- Merck & Co. will expand its presence in Singapore through new manufacturing, marketing and research investments, according to a joint announcement from the pharmaceutical company and the Singapore Economic Development Board.

Merck will spend $250 million over the next 10 years on improvements to its manufacturing site in Tuas, Singapore. It will also spend S$700 million on local research activities, it said.

To contact the editor responsible for this story: Alan Soughley at asoughley@bloomberg.net


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