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Merck KGaA is a Germany-based company, operating in the pharmaceutical and chemical business sectors. The Pharmaceuticals business includes the development and production of prescription drugs and over-the-counter products, and operates through the Merck Serono division, which focuses on the research activities in such areas as oncology, neurodegenerative diseases and fertility, among others, and the Consumer Health Care division that offers a range of products for everyday health. The Chemicals business sector offers a range of specialty chemicals for various technology applications, and operates through the Liquid Crystals division, which is engaged in the development and production of liquid crystals (LC), and the Performance and Life Science Chemicals division that specializes in the expertise in application technology, quality assurance and approval processes. In 2008, the Company acquired Bio-Fyt, a Belgian company. Merck KGaA is represented in 61 countries worldwide.