Pharmaceutical giant Merck selects Austin for potential IT hub

One of the biggest promises of Dell Medical School’s creation in Austin — and one that has yet to take shape — is the creation of an “Innovation District,” where promising companies will work alongside academics to steer the future of health care.

Now one of those big pieces could be falling into place. Merck & Co., a global pharmaceutical giant with annual sales of more than $39 billion, wants to create a 600-job information technology hub in Austin, and is in line for an economic incentive agreement worth up to $856,000.

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