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Stock impact report

Merck raises guidance as Keytruda sales jump 20% in Q1 [Seeking Alpha]

Merck & Company, Inc. (new) (MRK) 
Last merck & company, inc. (new) earnings: 4/28 06:45 am Check Earnings Report
US:NYSE Investor Relations: investors.merck.com/home/default.aspx
Company Research Source: Seeking Alpha
full-year outlook amid ~20% YoY growth in sales for its blockbuster cancer medicine Keytruda. Merck's ( MRK ) Q1 sales reached $15.8B, with ~9% YoY growth on a reported basis, beating Street forecasts by as much as $600M, as the anti-PD-1 immunotherapy generated $6.9B in sales during the quarter, exceeding $6.7B in the Bloomberg consensus. Meanwhile, sales from MRK's animal health business and its human papillomavirus vaccine, Gardasil, also topped expectations, adding $1.5B and $2.3B to the topline with ~1% YoY and ~14% YoY growth, respectively. “We drove strong growth across key therapeutic areas and executed strategic business development,” CEO Robert Davis remarked, highlighting the ongoing launch of Winrevair, a recently approved lung disease therapy Merck ( MRK ) acquired with its $11.7B buyout of Acceleron in 2021. “We have important opportunities ahead of us across all areas of our business, and we are highly focused on realizing them,” Davis added. Meanwhile, MRK's Show less Read more
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