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Merck raises 2024 profit forecast on cancer drug sales

Merck raises 2024 profit forecast on cancer drug sales
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Top 20 biopharma kick off 9.6% market cap surge in Q1 2024 amid Medicare price talks

Some companies, however, reported a market capitalisation decline, including Gilead Sciences and Roche.

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Merck raises 2024 profit forecast on strong cancer, HPV drugs sales

Merck & Co on Thursday
raised its annual profit and revenue forecast on the back of
strong sales for its blockbuster cancer drug Keytruda and human
papillomavirus vaccine Gardasil.
The...

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Merck beats earnings expectations, raises outlook on strong Keytruda and vaccine sales

Merck beats earnings expectations, raises outlook on strong Keytruda and vaccine sales
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Merck Announces First-Quarter 2024 Financial Results

Sales Reflect Continued Strong Growth in Oncology and Vaccines

Total Worldwide Sales Were $15.8 Billion, an Increase of 9% From First Quarter 2023; Excluding the Impact of Foreign Exchange,...

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Merck raises 2024 profit forecast on strong sales of cancer drug Keytruda

(Reuters) -Merck & Co on Thursday raised its annual profit and revenue forecasts on the back of strong sales for its blockbuster cancer drug Keytruda, sending the company's shares up more than 2% before the bell. Keytruda, the world's top selling drug in 2023, has been Merck's key revenue driver over the past few years and is expected to top $30 billion in sales by 2026 before losing exclusivity toward the end of the decade. The drug is seeing growth from use for additional types of cancers as well as higher patient demand, Chief Financial Officer Caroline Litchfield said.

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Merck Raises 2024 Profit Forecast on Strong Cancer, HPV Drugs Sales

Merck Raises 2024 Profit Forecast on Strong Cancer, HPV Drugs Sales
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Merck (MRK) earnings Q1 2024

The first-quarter results come as Merck shows substantial progress in preparing for Keytruda's patent expiration in 2028.

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Merck (MRK) Q1 2024 Earnings Call Transcript

MRK earnings call for the period ending March 31, 2024.

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Merck Stock Gains On Its Blockbuster Cancer Drug Keytruda, Raises Annual Outlook - Merck & Co (NYSE:MRK)

Merck reported Q1 sales of $15.8 billion, beating estimates, with cancer drug Keytruda driving growth. Company raised full-year revenue and EPS forecasts.

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