Merck & Co. Stories
Ken Frazier To Step Down As CEO Of Merck
Ken Frazier to step down as CEO of Merck
Hair Loss Treatment Propecia May Cause Suicidal Behavior In Men, Records Show
The FDA has received 700 reports of suicide or suicidal ideation among people who took Propecia following its decision 10 years ago to not issue a warning to consumers.
Merck To Begin Studies Of Oral Coronavirus Treatment In September
Merck reported worldwide sales of $10.9 billion, down 8% for the second quarter of 2020.
Ukrainian Men, Who Conspired To Smuggle Counterfeit Cancer, Hepatitis Drugs Into US, Plead Guilty
Maksym Nienadov, the owner of Ukrainian-based company Healthy Nation, and his employee, 33-year-old Volodymyr Nikolaienko, pleaded guilty to trafficking in counterfeit drugs.
Biotech News: New Drug To Treat Elephant Man Disease In Children Wins FDA Approval
The Food and Drug Administration designated Koselugo as an orphan drug to treat neurofibromatosis type 1, which affects 3,000 to 4,000 individuals.
Big Pharma Job Cuts: Merck Slashes 500 Jobs Across The U.S.
Merck & Co. is cutting 500 jobs across the U.S. as it looks to make "several changes" to its U.S. commercial organization.
Merck Gilead Patent Suit: Maker Of Hepatitis C Drugs Harvoni And Sovaldi Ordered To Pay $2.54B In Royalties By Delaware Jury
The jury said Gilead has "willfully" infringed on Merck's patent.
Is There A Vaccine For The Zika Virus? Pfizer, Johnson & Johnson, Merck Are Exploring Developing One
Developing a vaccine against the mosquito-borne virus could take years, researchers have said.
Actelion Gets US FDA Nod For New PAH Drug Uptravi To Complement Tracleer
Analysts predict that Uptravi, a new drug from Swiss company Actelion, could hit annual sales of $1 billion or more in the U.S.
Earnings Buzz: Pfizer Inc (PFE), Merck & Co Inc (MRK), Bristol-Myers Squibb Co (BMY)
The pharmaceutical giants are among 40 Standard & Poor's 500 companies reporting quarterly results Tuesday.
Ebola Vaccine Trial Halted Early Due To Joint Pain Symptoms In Patients
The human safety trial ended early after some patients receiving the experimental VSV-ZEBOV Ebola vaccine complained of joint pain.
Merck Tries To Close Deal To Acquire Cubist Pharmaceuticals For More Than $7B
The deal would help expand its hold in the antibiotics sector and get access to Cubist's medicines, mostly used in hospitals.
Merck's Drug Sales Fell In Third Quarter But Earnings Beat Expectations
The U.S. pharmaceutical company is divesting assets and investing in research for new products like insomnia drug Belsomra.
Germany's Merck To Buy Sigma-Aldrich For $17B To Boost Lab Supplies Operation
Merck, which has been hit by several drug development failures, wants its own pharmaceuticals business to remain a medium-sized entity.
FDA Approves Keytruda, New Cancer Drug That Uses Body's Immune System To Attack Cancer Cells
The FDA-approved Keytruda is the first in a new range of drugs that could revolutionize the treatment of some cancers.
Merck To Buy Idenix Pharmaceuticals For $3.85B, Expanding Foothold In Hep C Drug Market
More than 150 million people worldwide and three million Americans suffer from hepatitis C, which does not have a vaccine till date.
Insurers Scrutinize Drug Costs After $84,000 Sovaldi Surprise
Sales of Sovaldi, which cures hepatitis C in 12 weeks, hit a record-breaking $2.3 billion within a few weeks.
Bayer Paying $14.2 Billion To Buy Consumer Care Business Of Merck; Both Companies To Collaborate On Developing, Marketing New Drugs
The definitive agreement comes as pharmaceutical companies struggle against the growing market share of generic medicines.
Merck (MRK) Laying Off Another 8,500 Employees As Patents Expires, Expects Big Charge Against Q3 Earnings
Merck's latest layoffs are coming from both marketing and research and development.
Tyson Stops Buying Cattle Fed with Merck's (MRK) Zilmax Amid Stumbling Cow Mystery
Tyson Foods, the largest U.S. meat processor, suspended purchases of cattle fed with Zilmax, claiming the growth enhancer caused problems.
Merck & Co. Inc. (MRK) Earnings Preview: Q1 Falls On Generic Competition
Drugmaker Merck will discuss new drugs and Q1 sales trends as it braces for new generic competition.
Pharma 4Q Earnings Roundup: Eli Lilly, Pfizer, Bristol-Myers Hurt By Generics; Merck Ahead
Patent expirations for lucrative blockbuster drugs eroded fourth-quarter sales for top drugmakers.
Top After-Market NASDAQ Movers (Urban Outfitters, Merrimack, InterMune, Ariad, ALBANY, Alnylam, JA Solar, MAKO, Mobile Mini)
The top after-market NASDAQ gainers Monday were Urban Outfitters Inc, Merrimack Pharmaceuticals Inc, InterMune Inc, Ariad Pharmaceuticals Inc and Albany Molecular Research Inc. The top after-market NASDAQ losers Monday were Alnylam Pharmaceuticals Inc, JA Solar Holdings Company, MAKO Surgical and Mobile Mini Inc.
Big Pharma Facing Patent Cliff And Declining R&D Returns
The pharmaceutical industry is grappling with diminishing R&D productivity -- exemplified by a drop in revenue per new drug approval.
Pharma 3Q Roundup: Lilly, Bristol-Myers Squibb, Merck, Pfizer Hurt By Generic Competition
Pharmaceutical companies are still struggling with a steep "patent cliff," as multiple blockbusters lose their patent protections.
Merck Borrowing $2.5B For Pension Fund, Debt Service
Merck & Co., Inc. (NYSE:MRK), the Whitehouse Station, N.J.-based pharmaceutical giant, is borrowing about $2.5 billion to service corporate and contribute to its pension fund.
Now, A Cancer Drug That Helps Identify Dormant HIV
Researchers from the University of North Carolina at Chapel Hill in collaboration with scientists from the Harvard School of Public Health, National Cancer Institute, Merck and the University of California have identified a drug employed in treating certain types of lymphoma that help dislodge a hidden virus in patients receiving treatment for HIV.
Merck Second-Quarter Earnings Preview: A Glimpse
Based on analyst estimates, Merck & Co. will report earnings of $1.01 a share on sales of about $12.16 billion -- an increase of 0.1 percent from the year-earlier quarter. The company posts its second-quarter earnings on Friday, before the opening bell.
Pre-Market Movers (AIG, DryShips, Merck, Complete Genomics, SAP, Deutsche Bank, Cognizant)
American International Group, DryShips, Merck & Co, Complete Genomics, SAP AG, Deutsche Bank and Cognizant Technology Solutions Corp. are among the companies whose shares are moving in pre-market trading Thursday.
Wall Street Eyeing 4th Day of Gains; Amazon, Expedia Jump
Stocks rose modestly on Friday, putting equities on track for a fourth day of gains as more strong earnings partially offset a weaker-than-expected reading on economic growth.