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Pharmaceutical sales up 2% in the quarter
August 5, 2016
By: Kristin Brooks
Managing Editor, Contract Pharma
Merck 2Q Revenues: $9.8 billion (+1%) 2Q Earnings: $1.2 billion (+100%) YTD Revenues: $19.2 billion (flat) YTD Earnings: $2.3 billion (+42%) Comments: Pharmaceutical sales were up 2% to $8.7 billion, with higher sales in oncology, hospital acute care, the cardiovascular franchise and vaccines. KEYTRUDA sales were $314 million in the quarter, up from $110 million 2Q15. CUBICIN sales were $357 million, up 22%. The company launched HCV drug ZEPATIER, which had sales of $112 million i...
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