Merck SWOT Analysis, Competitors & USP

Merck

Parent Company

Merck

Category

Pharmaceutical & chemical

Sector

Pharma and Healthcare

Tagline/ Slogan

A Whole new world of possibilities; Be well

USP

The Company operates both its Pharmaceuticals and Chemicals businesses in the country.

Merck STP

Segment

Pharmaceutical products, vaccines, prescription products, animal health & chemicals

Target Group

Large business owners & operators

Positioning

A global research-driven pharmaceutical company  that discovers, develops, manufactures and markets a broad range of innovative products to improve human and animal health, directly and through its joint ventures

Merck SWOT Analysis

Strengths

Below is the Strengths, Weaknesses, Opportunities & Threats (SWOT) Analysis of Merck. Strengths are:

1. A strong brand name in the pharmaceutical industry

2. Huge product portfolio in pharmaceuticals

3. Provides medical help to underprivileged people in the US

4. Excellent R&D and innovations

5. Has its presence across Europe, Africa, Asia, Oceania and Latin America

7. Has a strong workforce of over 40,000 employees

8. Customer loyalty and brand visibility is a strength

Weaknesses

Here are the weaknesses of Merck :

1. Problems of fake imitations affects the companies brand image

2. Hasn’t been able to aggressively enter emerging economies in terms of brand recall, which are huge potential markets

Opportunities

Following are the Opportunities of Merck :

1. Broad-based medical innovation, in technologies and businesses   across the spectrum of health care

2. Venture into health needs in under-developed and poor countries

4. Leverage its core business expertise and resources to create sustainable solutions in countries around the world.

Threats

The threats of Merck are as mentioned :

1. Increasing obsolesce of technology

2. Competition from peers

Merck Competition

Competitors

Below are the 5 main Merck competitors :

1. Sun Pharma Industries

2. Dr.Reddy's

3. Cipla

4. Lupin

5. Ranbaxy