A federal judge has ruled in favor of Merck in litigation accusing the drugmaker of concealing the risks of Gardasin, a vaccine to prevent cervical and other fatal cancers.
Merck said on Tuesday it has opened a new $1 billion, 225,000-square-foot facility dedicated to vaccine manufacturing at its Durham, North Carolina, site.
Merck (MRK) closed at $94 in the latest trading session, marking a +0.87% move from the prior day.
Merck (MRK) reported earnings 30 days ago. What's next for the stock?
Merck has asked the U.S. patent office to reconsider patents that could prevent it from selling a new version of its cancer drug Keytruda, the Wall Street Journal reported on Wednesday.
Start Time: 14:30 January 1, 0000 3:05 PM ET Merck & Co., Inc.
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Merck (MRK) closed the most recent trading day at $92.25, moving +1.84% from the previous trading session.
We believe investors with a long-term horizon should stay invested in MRK stock, while short-term investors should consider selling the same.
On February 4, Merck released financial results for Q4 2024, which, as in previous quarters, once again beat analysts' expectations. This was driven by a strong performance by its oncology franchise, which posted sales of $8.73 billion, up 19.7% from Q4 2023 and 5.7% from Q3 2024. Thanks in part to the label expansions for Keytruda, its sales grew by 18.6% year on year.
Drugmaker Merck , known as MSD outside of the U.S. and Canada, expects to increase its workforce across its India sites by the end of the year, a senior company executive said on Wednesday.
Drugmaker Merck said on Tuesday it expects its top selling cancer therapy Keytruda to be selected in 2026 for government price setting, which would become effective on January 1, 2028.