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Merck is investing approximately €1 million in the establishment of the laboratory. The operating costs (approximately €1 million per annum) will be shared equally by Merck and the university, which will be contributing in the form of personnel and material. Merck will file for patents on and market the discoveries and inventions resulting from the cooperation. Both partners will be entitled to proceeds generated by the cooperation.
“The alliance with the TU Darmstadt in high-tech applications of RFID chips is another strong example of how the Chemicals business of Merck is developing new products for future market requirements through intelligent alliances with competent partners,” said Michael Roemer, chairman of the executive board, Merck KGaA.