New pharma products integral to Merck KGaA's growth prospects
Life sciences major Merck KGaA (MRK: DE) has outlined its strategy for ensuring accelerated growth during a Capital Markets Day on Thursday.
The German company is aiming for group sales of around 25 billion euros ($30 billion) in 2025, where in 2020 this figure was 17.53 billion euros.
Merck expects a major part of this growth to come from the Healthcare division, where medium-term average annual organic sales growth in the mid single-digit percentage range is predicted.
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