Merck Announces 3Q11 Financial Report
Merck has reported its third-quarter results last week with its total revenue up 8 percent from a year ago.
Drug maker Merck has reported its third-quarter results last week with its total revenue up 8 percent from a year ago.
Sales growth, including 5% from foreign exchange, was driven by pharmaceutical and animal health sales. Januvia sales were $846.0 million in the quarter (+41%). Gardasil sales were $445.0 million (+41%). Singulair sales were $1.3 billion (+10%). Janumet sales were $350.0 million (+4%). Isentress sales were $343.0 million (+23%). Remicade sales were down 15% in the quarter to $561.0 million, due to the transfer of marketing rights to Johnson & Johnson in Canada, Central and South America, the Middle East, Africa and Asia Pacific. Animal Health sales totaled $826 million in the quarter, up 20%. 2010 results include acquisition-related costs and restructuring costs.
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