Merck's quarterly profit falls 12 pct [Reuters]
Merck & Company, Inc. (new) (MRK)
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Source: Reuters
Merck's quarterly profit falls 12 pct | Reuters Reuters Staff 1 Min Read July 27 (Reuters) - Drugmaker Merck & Co reported a 12.3 percent fall in quarterly profit on Friday, as research and development expenses rose. Net income attributable to the company fell to $1.71 billion, or 63 cents per share, in the second quarter, from $1.95 billion, or 71 cents per share, a year earlier. Sales of its blockbuster cancer drug Keytruda rose 89.2 percent to $1.67 billion. (Reporting by Manas Mishra in Bengaluru; Editing by Arun Koyyur) All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. © 2018 Reuters. All Rights Reserved. Merck's quarterly profit falls 12 pct July 27 (Reuters) - Drugmaker Merck & Co reported a 12.3 percent fall in quarterly profit on Friday, as research and development expenses rose. Net income attributable to the company fell to $1.71 billion, or 63 cents per share, in the second quarter, from $1.95 billion, or 71 cents pe
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