Merck & Co hikes 2024 guidance as Keytruda climb continues

25 April 2024

US pharma giant Merck & Co (NYSE: MRK) raised and narrowed its forecasts for profit and sales for 2024 in presenting its first-quarter 2024 financial results.

The company’s sales grew by 9% in the quarter to $15.78 billion, beating analysts’ expectations of $15.2 billion, with the immuno-oncology drug Keytruda (pembrolizumab) a major factor in this.

"Important opportunities ahead of us across all areas of our business"

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