Originally depicted as a prominent feature of the Marvel 2099 alternate future universe, it has since been introduced into the present day comics taking place on Earth-616.
It creates products for virtually every consumer need, has entered into endeavors normally deemed nonprofit, and even manufactured an entire city to be maintained exclusively by the corporation.
[4] The Allan Company became Alchemax when it merged with Normie Osborn's stocks from Oscorp and the last remaining properties of Horizon Labs after its destruction.
In order for Alchemax to win the contract, Mark Raxton and Tiberius Stone enlist Ghost to help sabotage Parker Industries.
[11] When X-23 and Wasp are able to destroy the nanites inside the sisters, it triggers a signal that leads Alchemax Genetics' security team to one of Hank Pym's labs where Zelda is killed in the process.
[12] Tiberius Stone, representing Alchemax, is seen in a secretive meeting at the Universal Bank with Sebastian Shaw of Shaw Industries, Wilson Fisk of Fisk Industries, Dario Agger of Roxxon Energy Corporation, Darren Cross of Cross Technological Enterprises, Zeke Stane of Stane International, Shingen Harada of the Yashida Corporation, Frr'dox of Shi'ar Solutions Consolidated, and Wilhelmina Kensington of Kilgore Arms.