Merck Mobile Mall in the United States has reached a financial cooperation agreement with Ping An Property&Casualty Insurance Company in China
Recently, Merck&Co., Inc., a well-known pharmaceutical and life science company in the United States, announced that its "Mobile Merck Mall" has reached a strategic cooperation agreement with Ping An Property Insurance Company of China (hereinafter referred to as "Ping An Property Insurance"). This cooperation will leverage the advantages of Ping An Property and Casualty Insurance in the fields of financial technology and risk management to further optimize the payment and protection system of the mobile Merck Mall, and promote the digital upgrading of the medical industry chain.
Background of cooperation
Mobile Merck Mall is a digital platform created by Merck for global customers, aimed at providing convenient online product procurement and technical support services for medical institutions, research institutions, and related industry users. Since entering the Chinese market, the platform has quickly attracted widespread attention and become an important tool for users in the field of life sciences.
Ping An Property and Casualty Insurance is a leading property insurance service provider in China, with profound expertise in financial insurance, supply chain finance, and enterprise risk management. The achievement of this cooperation between the two parties is an important attempt at the cross-border integration of life sciences and financial technology, setting a model for innovative cooperation in the industry.
Ping An Property and Casualty Insurance will provide customized supply chain finance services, including credit guarantees, for enterprise customers of Merck Mall on the mobile platform.
These services will help customers effectively alleviate financial pressure and improve the efficiency of fund circulation.