Summary by Futu AI
Merck & Co., Inc. (Merck) has filed its Form 11-K annual report for the fiscal year ended December 31, 2023, with the United States Securities and Exchange Commission. The report pertains to the MSD Puerto Rico Savings & Security Plan, an employee stock purchase, savings, and similar plan. The independent audit, conducted by PricewaterhouseCoopers LLP, concluded that the financial statements present fairly the net assets available for benefits and the changes in net assets for the year in conformity with U.S. accounting principles. The Plan's net assets available for benefits increased from $199,441,000 in 2022 to $224,042,000 in 2023. The Plan, established in 1997, is designed to provide savings and investment opportunities for employees of MSD International GmbH (Puerto Rico Branch) LLC and the Puerto Rico branch...Show More