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Whitehouse Station, N.J.-based Merck and Wellcome said it's the first time a research charity and a drug company have set up an organization that equally shares funding and decision-making.
The venture will be called the MSD Wellcome Trust Hilleman Laboratories, for the corporate name Merck uses in many foreign countries, Merck Sharp & Dohme, and Maurice Hilleman, a former Merck scientist credited with developing more than 30 vaccines against measles, mumps, hepatitis B and other diseases.
Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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