Business Daily Media

The Times


.

Merck Establishes First Digital Hub in Singapore

  • Hub to drive innovation and research in healthcare and semi-conductor industries with Syntropy and Athinia platforms
  • Forms a global digital hub enhancing data platforms for customers in the US, Europe, and Asia Pacific

SINGAPORE - Media OutReach Newswire - 29 January 2024 - Merck, a leading science and technology company, today announced the opening of the Merck Digital Hub in Singapore, representing its first digital hub outside of the US and Europe.

Supported by the Singapore Economic Development Board (EDB), the Digital Hub aims to propel advancements within the healthcare and semiconductor industries. Singapore is recognized globally for driving innovation and digital excellence, particularly in key areas such as digital health, semiconductor technology, and artificial intelligence.

"The latest investment by Merck is a show of confidence in Singapore's digital capabilities. Its Digital Hub will enrich our local ecosystem and help advance digital innovation and talent across healthcare, semiconductor, and artificial intelligence (AI). We look forward to strengthening our partnership with Merck, spearheading more impactful collaborations that can drive the development of new solutions from Singapore, and the creation of good job opportunities for Singaporeans," said Wan Yee Goh, Senior Vice President and Head of Healthcare, Singapore EDB. "Merck's engagement in growing the digital presence in Singapore underscores the pivotal role of data and artificial intelligence as cornerstones of the future economy."

"Singapore's strong commitment to digital innovation and adoption has provided a substantial advantage to various sectors, including health tech and semiconductors," said Laura Matz, Chief Science & Technology Officer at Merck. "As the Chief Science & Technology Officer at Merck, I am proud to assert that our Digital Hub will be at the forefront, leveraging secure data collaboration ecosystems such as Syntropy™ and Athinia™. This initiative is set to spearhead innovation and foster collaborative technology integration, not only in Singapore but also on a global scale."

The Merck Digital Hub brings in the expertise of Syntropy™ and Athinia™, both of which enable secure data collaboration among participants in the healthcare and semiconductor industries. These platforms help data owners integrate and curate their data across their organizations, maintaining the high-quality standards required by both sectors. Syntropy™ and Athinia™ have been built under the premise that high-quality data must be traceable to the source and governed appropriately to enable experts and scientists to uncover novel insights. The secure AI-enabled data flow can help unlock efficiencies while ensuring stakeholders maintain control of their intellectual property.

The Merck Digital Hub adds to Merck's existing Singapore footprint with around 500 employees in its three business sectors: Life Science, Healthcare, and Electronics.
Hashtag: #merck

The issuer is solely responsible for the content of this announcement.

Merck

Merck, a leading science and technology company, operates across life science, healthcare and electronics. More than 64,000 employees work to make a positive difference to millions of people's lives every day by creating more joyful and sustainable ways to live. From providing products and services that accelerate drug development and manufacturing as well as discovering unique ways to treat the most challenging diseases to enabling the intelligence of devices – the company is everywhere. In 2022, Merck generated sales of € 22.2 billion in 66 countries.

Scientific exploration and responsible entrepreneurship have been key to Merck's technological and scientific advances. This is how Merck has thrived since its founding in 1668. The founding family remains the majority owner of the publicly listed company. Merck holds the global rights to the Merck name and brand. The only exceptions are the United States and Canada, where the business sectors of Merck operate as MilliporeSigma in life science, EMD Serono in healthcare, and EMD Electronics in electronics.

Singapore Economic Development Board

The Singapore Economic Development Board (EDB), a government agency under the Ministry of Trade and Industry, is responsible for strategies that enhance Singapore's position as a global centre for business, innovation, and talent. We undertake investment promotion and industry development, and work with international businesses, both foreign and local, by providing information, connection to partners and access to government incentives for their investments. Our mission is to create sustainable economic growth, with vibrant business and good job opportunities for Singapore and Singaporeans.

Syntropy

Syntropy Technologies LLC is a technology company specializing in healthcare data governance, harmonization, and collaboration solutions aimed at unlocking the value of real-world data. Syntropy empowers healthcare providers, researchers, and collaborators to derive insights from every point of data they collect and generate in a secure, compliant, and ethical manner. Syntropy is a partnership between Merck, and Palantir Technologies Inc.. Syntropy is headquartered in Cambridge, MA. Follow us on and .

Athinia

Data for Pioneers. Athinia™ provides a data analytics platform that brings manufacturers and materials and equipment suppliers together to share, aggregate, and analyze data to unlock efficiencies and time to market, while improving quality, supply chain, and sustainability – all without taking ownership of data.

Athinia™ is a partnership between Merck, and Palantir Technologies Inc. Athinia™ is headquartered in Cambridge, MA, USA. Athinia™ operates independently from the Electronics business of Merck KGaA, Darmstadt, Germany. More information can be found at www.athinia.com, , and .

News from Asia

NCB introduces Seamless Cross-Border QR Payments for international travellers in Vietnam

HANOI, VIETNAM - Media OutReach Newswire - 15 July 2026 - Open visa policies, a wealth of cultural and natural attractions, acclaimed cuisine, warm local hospitality, and increasingly convenient p...

SBI Global Asset Management and DigiFT Launch JX, Bringing a Japanese Asset Manager’s Equity Strategy On-Chain for the First Time

SINGAPORE - Media OutReach Newswire - 15 July 2026 - DigiFT, a regulated digital asset exchange for institutional-grade real-world assets ("RWAs"), and SBI Global Asset Management Co., Ltd. ("SBI ...

Smilegate LORDNINE Launches Pre-Registration for New Growth-Accelerated Server 'Helena' in Celebration of 1st Anniversary… 32,000 USDt Reward Event Underway

Pre-registration for new server Helena opens July 14... Official launch on July 29 Sweeping new server growth-support systems, including 50% additional EXP via Mastery Buff ...

A SIM Guide to Comparing Graduate Salaries and Employability in Singapore

SINGAPORE - Media OutReach Newswire - 15 July 2026 - As students and parents in Singapore evaluate higher education pathways, employability, starting salary and return on investment are increasing...

Hong Kong SMEs Accelerate Transformation as AI and Northern Metropolis Unlock New Opportunities, Dah Sing Bank Survey

Capability and Resource Gaps Limit Growth Potential As Firms Explore the New EconomyHONG KONG SAR - Media OutReach Newswire - 15 July 2026 - Dah Sing Bank, Limited ("Dah Sing Bank") revealed in it...

Xsolla and Management and Science University (MSU) Sign Memorandum of Understanding (MOU) to Connect Future Game Developers With Global Commercial Opportunities

Collaboration Provides Students Access To Xsolla’s Publishing Suite And Launcher, Bridging Academic Learning With Commercial Game Development PracticesKUALA LUMPUR, MALAYSIA - Media OutReach Newsw...

Louis Vuitton Celebrates 130 Years of the Monogram

TAIPEI, TAIWAN - Media OutReach Newswire - 15 July 2026 - In 2026, Louis Vuitton commemorates the 130th anniversary of its most enduring emblem: the Monogram, born in 1896. To mark this extraordin...

Fitch Ratings assigns first-time credit rating to HDBank, recognises its strong financial profile

HO CHI MINH CITY, VIETNAM - Media OutReach Newswire - 15 July 2026 - Fitch Ratings has assigned its first-ever credit ratings to Ho Chi Minh City Development Joint Stock Commercial Bank (HoSE: HDB...

Cushman & Wakefield Study: AI to Drive Stronger Growth and Higher Real Estate Demand Across Asia Pacific

Scenario-based analysis shows AI will expand demand across office, industrial and retailHONG KONG SAR - Media OutReach Newswire - 15 July 2026 - Artificial intelligence (AI) is set to fuel economi...

Arup partners YJK to launch AI Designer in Hong Kong to advance AI-enabled structural engineering

Strategic partnership integrates design optimisation and artificial intelligence to improve engineering efficiency, project outcomes and decarbonisation HONG KONG SAR - Media OutReach Newswire - 1...

Selling a Small Business in Australia: Understanding the Capital Gains Tax Concessions

For many Australian business owners, selling a business represents the reward for years—sometimes decades—of hard work. Unlike employees who may bu...

Australian businesses lean into global strategic partnerships (GCCs) for next wave of outsourcing

The Australian corporate landscape is undergoing a fundamental transformation in how it sources talent and innovation. While businesses have traditi...

The New Pressure Gap Crushing Small Businesses

Starting any business and making it prosper is a major undertaking. Part of the challenge is managing the uncertainty, but the financial pressures o...

Click Frenzy returns with a free EOFY sale event for retailers this month

New owners Gabby and Hezi Leibovich bring back Australia’s leading ecommerce sales event with Australia Post as Major Sponsor   Click Frenzy is ...

The 95 Per Cent Failure Rate Is Not An AI Problem

Most Australian SMEs I speak with are already having a go at AI. Some are running formal pilots, others have a team member quietly experimenting o...

New AR tech helping to solve field service skills crisis

AI-enabled augmented reality (AR) smart glasses are emerging as a new practical solution to fill a shortage of field service technicians maintaini...