Announcement
[26/08/2024] Announcement of Price Increase from October 1st, 2024
Dear Valued Customers and Business Partners,
Our Life Sciences business is committed to providing you with the highest quality products and services.
In October 2023 we made List Price adjustments, and this was crucial given the cost increases we faced caused by global political and economic instability.
Whilst 2024 has seen considerable softening of inflation, we continue to see its impact albeit at a lower level than previously. Therefore, as part of our ongoing commitment to maintaining the quality and service levels you require from us, we need to make list price adjustments to ensure we can best serve our valuable customers for years to come.
Our purchasing organization continues to use every resource possible to keep from passing these costs to our customers. Equally, in line with the softening of inflation globally, this is our first full List Price increase in 12 months whereas more regular reviews and increases were necessary throughout both the pandemic and following period of high inflation. Beginning on October 1st, 2024, the Life Science business of Merck will implement a list price increase for our products and services in the Science and Lab Solutions portfolios.
We count on your cooperation to continue working towards our shared goals - together, we impact life and health with science.
Please contact your sales representative if you have any questions.
Sincerely,
Merck Vietnam Company
