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Merck to establish R&D headquarters in Beijing

December 06, 2011
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BEIJING — Pharmaceutical company Merck & Co. announced plans to establish an Asian R&D headquarters in Beijing and commit $1.5 billion to research and development in China over the next five years, Reuters reported.

According to Peter Kim, president of Merck Research Laboratories, the company will eventually employ 600 scientists at its facility.

"We have plans to invest in research and development at all stages of vaccine discovery and development, starting with basic early discovery all the way through clinical programmes," said Kim.
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