► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs<br /><br />0:15 Merck buys AZ Electronic Materials<br />0:45 Merck's diversification away from its traditional pharmaceuticals core<br />1:25 Pharmaceutical business issue<br /><br />Merck is buying AZ Electronic Materials for £1.6bn, increasing its exposure to high-tech electronics. Lex's Oliver Ralph and Vincent Boland discuss Merck's diversification away from its traditional pharmaceuticals core and whether it should go further.<br />For more video content from the Financial Times, visit http://www.FT.com/video<br /><br />Subscribe to the Financial Times on YouTube; http://goo.gl/vUQx5k<br />Twitter https://twitter.com/ftvideo<br />Facebook https://www.facebook.com/financialtimes
