Pharmaceutical giant Merck picks London for new HQ

Nov 28, 2017 · cityam.com

Merck annouces job cuts 56293183 5a1b56c6887e0

Pharmaceutical giant Merck has chosen central London as the site of its new headquarters.

The company’s hub will be home to 150 new researchers, and 800 additional staff. Merck’s other European clinical operations will also move to the site from the company’s current headquarters in Hoddesdon, Hertfordshire.

The American pharmaceutical business has started to look at possible locations for the centre, which is set to open in 2020. Merck said it chose London because the city will facilitate its work with researchers both in the UK and in Europe.

"We believe London to be a unique bioscience centre of excellence and a key component of the established golden triangle for academic science of London-Oxford-Cambridge," said Louise Houson, managing director, Merck in the UK and Ireland.

Merck chose London as part of a life sciences sector deal with the government.

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