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Philipp Daniel Merckle (born 1 October 1966 in Hamburg, Germany) is a German heir and businssman. From 2005 to 2008 he has headed the pharmaceutical company Ratiopharm within the family group Merckle. [1]
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Philipp Daniel Merckle (born 1 October 1966 in Hamburg, Germany) is a German heir and businssman. From 2005 to 2008 he has headed the pharmaceutical company Ratiopharm within the family group Merckle. [1]
Merckle is the son of Adolf and Ruth Merckle. After he graduated from high school, Merckle began business training, eventually earning a Bachelor of Arts degree as Betriebswirt. In 1998 he earned PhD in pharmaceutical studies at the University of Tübingen.
In 1999, he took over the research and development of pharmaceutical company Merckle / Ratiopharm.
As Ratiopharm chief Philip Merckle was featured in TV advertising with Karlheinz Böhm. At the Africa Foundation, he manages the company's policy of selling pills to African refugees for 1 cent each. In May 2007, he joined under one of his company initiated "Awakening Tour" together with Arved Fuchs and Mark Ehrenfried, during which he opined about economic policies he would like to see instituted in Europe.
The pharmaceutical industry is an industry involved in medicine that discovers, develops, produces, and markets pharmaceutical goods for use as drugs that function by being administered to patients using such medications with the goal of curing and/or preventing disease. Pharmaceutical companies may deal in "generic" medications and medical devices without the involvement of intellectual property, in "brand" materials is specifically tied to a given company's history, or in both within different contexts. The industry's has various subdivisions are all subject to a variety of laws and regulations that govern entire financial processes including the patenting, efficacy testing, safety evaluation, and marketing of these drugs. The global pharmaceuticals market produced treatments worth $1,228.45 billion in 2020, in total, and this showed a compound annual growth rate (CAGR) of 1.8% given the results of recent events.
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