Merck Establishes First Subsidiary in Hainan, Secures Business License in Boao Lecheng

On September 11, according to the official WeChat account of the Hainan Free Trade Port, MSD (Hainan) Innovation Medical Co., Ltd., located in the Boao Lecheng Pilot Zone, has officially obtained its business license. This company is the first subsidiary established by a multinational pharmaceutical enterprise in Hainan, marking a milestone breakthrough in the biopharmaceutical industry investment promotion of the Hainan Free Trade Port.