Merck tops estimates on Keytruda strength and narrows profit outlook, as it lowers estimated tariff hit
Update: 2025-10-30
Description
Merck's Q3 earnings soar, driven by Keytruda's record sales, reaching $8B for the first time. Despite patent expiration in 2028, Merck plans to cut $3B in costs by 2027. Gardasil sales drop in China, but meet expectations. Animal health segment surges 16% with strong livestock product demand.
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