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Institut Mérieux
Institut Mérieux is a French holding company owned by the Mérieux family from Lyon. History It was created by Marcel Mérieux in 1897 under the name ''Institut Biologique Mérieux'' (Mérieux Biological Institute). The vaccine development branch of the institute was separated early on and is now part of Sanofi Pasteur.,, The current name was changed in 2009 from Mérieux Alliance. The holding is owned through the Mérieux Alliance company at 68% by Alain and Alexandre Mérieux and at 32% by the Christophe and Rodolphe Mérieux foundation (different from the Mérieux foundation). Alongside diagnostic activities, Alain Mérieux develops new complementary bio-industrial activities. The holding company then took in 1994, the control of Transgene, specialized in gene therapy, then of Silliker (specialized in food security),. in 1998. In 2001, Biomérieux acquired the diagnostic company Organon Teknika. Its Advanced Bioscience Laboratories Inc. sector, a contract research company ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Holding Company
A holding company is a company whose primary business is holding a controlling interest in the Security (finance), securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own Share capital, stock of other companies to create a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding Share capital, stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. ''The New York Times'' uses the term ''parent holding company''. Holding companies can be subsidiaries in a Subsidiary#Tiered subsidiaries, tiered structure. Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |