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Pharma sales up 2%, hurt by Remicade settlement
July 27, 2012
By: Tim Wright
Editor-in-Chief, Contract Pharma
Merck 2Q Revenues: $12.3 billion (+1%) 2Q Earnings: $1.8 billion (-11%) YTD Revenues: $24.0 billion (+1%) YTD Earnings: $3.6 billion (+15%) Comments: Pharmaceutical sales were up 2% to $10.6 billion in the quarter. Singulair sales were $1.4 billion (+6%). Januvia sales were up 36% to $1.1 billion. Zetia sales were up 7% to $632 million. Janumet sales were 28% to $411 million. Gardasil sales were up 17% to $324 million. Remicade sales were down 38%, impacted by territories transferred to Jo...
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