COVID Stimulus Watch Parent Company Summary
Parent Company Name:
Merck
Grant Total: $0
Face Value of Loans Total: $21,488,806
Parent Company Data
Ownership Structure: publicly traded (ticker symbol MRK)
Headquartered in: New Jersey
Sector: pharmaceuticals
Industry: pharmaceuticals
Employees (prior to pandemic): 71,000
Parent Accountability Issues Since 2010
Employment-related Penalties: $87,149,756
Government-contracting-related Penalties: $69,600,000
Environmental / Healthcare / Safety Penalties: $1,035,698,508
Ratio of CEO Pay to that of Median Worker: 246 to 1
CEO Compensation: $27,648,475
Worker Median Pay: $95,621
Total Federal, State, and Local Subsidies: $91,188,687
Federal Corporate Income Tax Rate: 11.7%
Other Accountability Links For This Company
Individual Award Records
Click on the company name for more information on each subsidy award.
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$105,400,000
Award Date:Mar 1, 2021
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$38,033,570
Award Date:Sep 29, 2016
State:
Grant Amount:
Face Loan Amount:$3,282,717
Contract Amount:
Award Date:Jul 10, 2020
State:
Grant Amount:
Face Loan Amount:$3,204,107
Contract Amount:
Award Date:Jul 10, 2020
State:
Grant Amount:
Face Loan Amount:$3,136,870
Contract Amount:
Award Date:Jul 10, 2020
State:
Grant Amount:
Face Loan Amount:$3,121,853
Contract Amount:
Award Date:Jul 10, 2020
State:
Grant Amount:
Face Loan Amount:$2,195,480
Contract Amount:
Award Date:Sep 8, 2020
State:
Grant Amount:
Face Loan Amount:$2,185,538
Contract Amount:
Award Date:Nov 4, 2020
State:
Grant Amount:
Face Loan Amount:$1,095,199
Contract Amount:
Award Date:Aug 10, 2020
State:
Grant Amount:
Face Loan Amount:$1,092,528
Contract Amount:
Award Date:Oct 8, 2020
State:
Grant Amount:
Face Loan Amount:$1,092,229
Contract Amount:
Award Date:Nov 27, 2020
State:
Grant Amount:
Face Loan Amount:$1,082,285
Contract Amount:
Award Date:Oct 1, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$52,648
Award Date:Jun 16, 2020
Tax / Subsidy Issues