Spiralling sales of Keytruda key to Merck & Co growth

30 July 2019
merck_co_large

Keytruda (pembrolizumab) continues to keep sales looking very healthy at US pharma giant Merck & Co (NYSE: MRK) as revenue from the immuno-oncology treatment went up by nearly $1 billion compared to the second quarter of 2018.

A remarkable 58% jump in sales of the drug, or 63% at constant currencies, along with strong demand for the company’s vaccines, and a 41% increase in revenue from the Chinese market, helped Merck’s total sales to grow by 12% to $11.76 billion.

The Keytruda and total sales figures beat expectations, as they did for the group’s earnings during the quarter.

This article is accessible to registered users, to continue reading please register for free.  A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.

Login to your account

Become a subscriber

 

£820

Or £77 per month

Subscribe Now
  • Unfettered access to industry-leading news, commentary and analysis in pharma and biotech.
  • Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results.
  • Daily roundup of key events in pharma and biotech.
  • Monthly in-depth briefings on Boardroom appointments and M&A news.
  • Choose from a cost-effective annual package or a flexible monthly subscription
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed

Chairman, Sanofi Aventis UK

Companies featured in this story

More ones to watch >


Today's issue

Company Spotlight





More Features in Biotechnology