What was Merck first IPO?

Merck & Co., Inc. went public in 1946, marking its first initial public offering (IPO). The company issued 1.2 million shares at a price of $40 per share to raise capital for expansion and development. This IPO helped Merck establish itself as a significant player in the pharmaceutical industry. Over the years, the company's growth and innovation have solidified its position as a leading global healthcare firm.