Merck Serono to invest Euro 65 mn for R&D facility expansion in Germany

The new building at Darmstadt, Germany, will unite different functions within R&D discovery technologies at Merck Serono

Merck Serono to invest Euro 65 mn for R&D facility expansion in Germany
BS B2B Bureau Darmstadt, Germany
Last Updated : Sep 15 2015 | 2:58 PM IST
Merck Serono, the biopharmaceutical business of Merck, will expand its R&D facility in Darmstadt, Germany with an investment of Euro 65 million. The company will set up a new laboratory building that will span more than 16,000 square meters and accommodate approximately 200 current employees whose focus will be accelerating innovation in R&D.
 
At the cornerstone laying ceremony in Darmstadt today, Belén Garijo, Executive Board Member of Merck and CEO Healthcare, and Kai Beckmann, Member of the Executive Board of Merck and besides others with responsibility for Site Operations in Darmstadt, emphasised the significance of this expansion and investment into innovation as a driver of future growth for Merck.
 
“When complete in 2017, we will offer our employees in research an open and modern environment that fosters collaboration and innovation across disciplines. With this building, we are sending out another signal that the Darmstadt site will continue to serve as a core R&D hub for Merck,” said Kai Beckmann, member of the executive board of Merck.
 
Belen Garijo, executive board member of Merck and CEO Healthcare, opined, “Over the next few years, we are poised to deliver the innovation discovered in our own laboratories to patients in need around the world. By continuing to invest in R&D with the expansion of our scientific infrastructure in Darmstadt, we are creating new opportunities for future discoveries that will bring value to patients and to Merck.”
 
The new building will unite different functions within R&D discovery technologies at Merck Serono, including molecular pharmacology, medicinal chemistry, computational chemistry, molecular interactions and biophysics, protein engineering and antibody technologies, and protein and cell sciences.
 
The research building, when complete in fall of 2017, will be located within the new Pharma Square on the Merck campus in Darmstadt. Merck is thus uniting a significant part of its R&D activities in a single area, creating ideal conditions for the advancement of its biopharmaceutical pipeline.
 
Approximately 2,000 scientific and clinical development professionals work across Merck Serono’s four R&D hubs in Darmstadt (Germany), the largest R&D site; Boston (US); Tokyo (Japan); and Beijing (China). The core areas of R&D focus for Merck Serono are oncology, immuno-oncology, and immunology.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 15 2015 | 2:55 PM IST

Next Story