Mer­ck blue­prints $1.3B re­search hub in a post-Brex­it Lon­don, with 950 staffers

While the EMA is ex­it­ing Lon­don over the next 18 months, US phar­ma gi­ant Mer­ck plans to help fill the post-Brex­it gap with a new drug re­search hub and head­quar­ters with 950 staffers.

Mer­ck has be­gun to seek a site for its new re­search cen­ter in Lon­don, which will be es­tab­lished as Mer­ck con­cen­trates its US forces in Cam­bridge/Boston and the Bay Area.

Ke­nil­worth, NJ-based Mer­ck is will­ing to in­vest about $1.3 bil­lion in the new cen­ter, with plans to re­cruit 150 top sci­en­tists for the new hub op­er­a­tion. And City A.M. re­ports that Mer­ck will re­lo­cate staff cur­rent­ly at a fa­cil­i­ty in Hod­des­don, Hert­ford­shire. The move is be­ing timed to co­or­di­nate with the re­lease of the gov­ern­ment’s In­dus­tri­al Strat­e­gy White Pa­per.

Endpoints News

Unlock this article instantly by becoming a free subscriber.

You’ll get access to free articles each month, plus you can customize what newsletters get delivered to your inbox each week, including breaking news.