BioCentury
ARTICLE | Strategy

Serono's starter kit

Merck Serono spinout program keeps assets close to home during restructuring

February 11, 2013 8:00 AM UTC

In the midst of a major restructuring, Merck KGaA has found a way to preserve access to key assets and skill sets even as the company makes cutbacks aimed at improving its fiscal health.

Merck Serono S.A.'s Entrepreneur Partnership Program is providing opportunities for employees to propose and lead spinouts that the pharma will either invest in through its corporate venture fund, or contract with for services...