2020 includes $832 million related to the Seagen collaborations; 2019 represents a charge for the acquisition of Peloton. Selling, general and administrative expenses were $2.5 billion in the third quarter of 2020, a decrease of 5% compared to the third quarter of 2019. This news release of Merck & Co., Inc., Rahway, N.J., USA (the company) includes forward-looking statements within the meaning of the safe harbor provisions of the U.S. Merck is providing certain non-GAAP information that excludes certain items because of the nature of these items and the impact they have on the analysis of underlying business performance and trends. Also includes integration, transaction and certain other costs related to business acquisitions and divestitures. Sales of companion animal products also reflect higher demand for the BRAVECTO (fluralaner) parasiticide line of products, partially offset by supply constraints for certain vaccines. Neither the sales nor the EPS ranges provided above include the impact of the potential launch of Mercks COVID-19 antiviral drug candidate, molnupiravir. Non-GAAP Expense, EPS and Related Information. Access videos, logos, photos, and infographics. RAHWAY, N.J.--(BUSINESS WIRE)-- Merck plans to work with the EMAs Committee for Medicinal Products for Human Use (CHMP) to complete the rolling review process to facilitate initiating the formal review of the Marketing Authorization Application. Includes expenses for the amortization of intangible assets and purchase accounting adjustments to inventories recognized as a result of acquisitions, intangible asset impairment charges, and expense or income related to changes in the estimated fair value measurement of liabilities for contingent consideration. The option is currently trading at a bid price of $16.5, and an ask price of $17.4. Management believes that providing non-GAAP information enhances investors understanding of the companys results because management uses non-GAAP measures to assess performance. The decrease primarily reflects lower administrative and selling costs, including less travel and meeting expenses, due in part to the COVID-19 pandemic, partially offset by higher acquisition- and divestiture-related costs, primarily reflecting costs related to the companys planned spinoff of Organon. The companys guidance assumes $120 million of revenue for the replenishment of doses of GARDASIL 9 that were borrowed from the U.S. Centers for Disease Control and Prevention (CDC) Pediatric Vaccine Stockpile in the fourth quarter of 2019. For a description of the non-GAAP adjustments, see Table 2a attached to this release. Growth in oncology was largely driven by higher sales of KEYTRUDA, which grew 21% to $3.7 billion in the quarter. Other (income) expense, net, was $429 million of expense in the third quarter of 2022 compared to $450 million of income in the third quarter of 2021, primarily due to net unrealized losses from investments in equity securities in the third quarter of 2022, compared to net unrealized income from investments in equity securities in the third quarter of 2021. Loss from These statements are based upon the current beliefs and expectations of the companys management and are subject to significant risks and uncertainties. Investments At mid-October 2021 exchange ranges, Merck now expects sales growth of 14% to 15% in 2021, with full-year 2021 revenue estimated to be between $47.4 billion and $47.9 billion, including a positive impact from foreign exchange of approximately 1.5%. 3, GAAP Expense, EPS and Related Information. Merck commenced a tender offer on Oct. 12, 2021, and upon successful completion of the tender offer and receipt of necessary regulatory approvals, Merck, through a subsidiary, will acquire Acceleron for $180 per share in cash for an approximate total equity value of $11.5 billion. Net Income Attributable to Merck & Co., Inc. Earnings per Common Share Assuming Dilution, Average Shares Outstanding Assuming Dilution. The information contained in this website was current as of the date presented. Growth in companion animal products was driven largely by higher demand in companion animal vaccines and higher demand for the BRAVECTO (fluralaner) line of products for parasitic control. The non-GAAP effective income tax rate was 13.6% for the third quarter of 2022 compared to 12.8% in the third quarter of 2021. Non-GAAP R&D expenses were $3.5 billion in the third quarter of 2022 compared to $2.4 billion in the third quarter of 2021. We demonstrate our commitment to patients and population health by increasing access to health care through far-reaching policies, programs and partnerships. For more information, visit www.merck.com and connect with us on Twitter, Facebook, Instagram, YouTube and LinkedIn. 3 Includes expenses for the amortization of intangible assets and purchase accounting adjustments to inventories recognized as a result of acquisitions, intangible asset impairment charges and expense or income related to changes in the estimated fair value measurement of liabilities for contingent consideration. Non-GAAP gross margin was 77.0% for the third quarter of 2022 compared to 76.8% for the third quarter of 2021. (908) 740-1037, Merck Logo Horizontal Teal Grey RGB (211 KB). Merck & Co. (MRK) Q3 2021 Earnings Call Transcript Risks and uncertainties include but are not limited to, general industry conditions and competition; general economic factors, including interest rate and currency exchange rate fluctuations; the impact of the global outbreak of novel coronavirus disease (COVID-19); the impact of pharmaceutical industry regulation and health care legislation in the United States and internationally; global trends toward health care cost containment; technological advances, new products and patents attained by competitors; challenges inherent in new product development, including obtaining regulatory approval; the companys ability to accurately predict future market conditions; manufacturing difficulties or delays; financial instability of international economies and sovereign risk; dependence on the effectiveness of the companys patents and other protections for innovative products; and the exposure to litigation, including patent litigation, and/or regulatory actions. That compares with $4.5 billion, or $1.78 per share, a year earlier. Risks and uncertainties include but are not limited to, general industry conditions and competition; general economic factors, including interest rate and currency exchange rate fluctuations; the impact of the recent global outbreak of novel coronavirus disease (COVID-19); the impact of pharmaceutical industry regulation and health care legislation in the United States and internationally; global trends toward health care cost containment; technological advances, new products and patents attained by competitors; challenges inherent in new product development, including obtaining regulatory approval; the companys ability to accurately predict future market conditions; manufacturing difficulties or delays; financial instability of international economies and sovereign risk; dependence on the effectiveness of the companys patents and other protections for innovative products; and the exposure to litigation, including patent litigation, and/or regulatory actions. There can be no guarantees with respect to pipeline candidates that the candidates will receive the necessary regulatory approvals or that they will prove to be commercially successful. 3Q22 net income of $61.8 million, adjusted EBITDA (1) of $100.1 million. KENILWORTH, N.J.--(BUSINESS WIRE)-- Merck announced the following regulatory milestones: Pharmaceuticals and Medical Devices Agency. Merck is providing certain non-GAAP information that excludes certain items because of the nature of these items and the impact they have on the analysis of underlying business performance and trends. Planned Acquisition of Acceleron Bolsters Innovation and Broadens Cardiovascular Pipeline. The company continues to assume that the majority of the negative impact occurred during the second quarter. BWX Technologies Reports Third Quarter 2022 Results. Third-Quarter Expense, EPS and Related Information. Acquisition- and divestiture-related costs, Charge for the discontinuation of COVID-19 development programs, Charge for the acquisition of Pandion Therapeutics. In addition, senior managements annual compensation is derived in part using non-GAAP pretax income. Additional factors that could cause results to differ materially from those described in the forward-looking statements can be found in the companys Annual Report on Form 10-K for the year ended December 31, 2021 and the companys other filings with the Securities and Exchange Commission (SEC) available at the SECs Internet site (www.sec.gov). Merck Announces Third-Quarter 2020 Financial Results In addition, access to health care providers remains reduced, although improved from the second quarter. However, it now expects some residual negative impacts in the fourth quarter, largely in Europe and certain emerging markets. This information should be considered in addition to, but not as a substitute for or superior to, information prepared in accordance with GAAP. Non-GAAP selling, general and administrative expenses were $2.2 billion in the third quarter of 2020, a decrease of 13% compared to the third quarter of 2019. During the third quarter, Merck earnings climbed 4% to $1.85 per share, on an adjusted basis. Risks and uncertainties include but are not limited to, general industry conditions and competition; general economic factors, including interest rate and currency exchange rate fluctuations; the impact of the recent global outbreak of novel coronavirus disease (COVID-19); the impact of pharmaceutical industry regulation and health care legislation in the United States and internationally; global trends toward health care cost containment; technological advances, new products and patents attained by competitors; challenges inherent in new product development, including obtaining regulatory approval; the companys ability to accurately predict future market conditions; manufacturing difficulties or delays; financial instability of international economies and sovereign risk; dependence on the effectiveness of the companys patents and other protections for innovative products; and the exposure to litigation, including patent litigation, and/or regulatory actions. Merck & Co., Inc. MRK reported third-quarter 2022 adjusted earnings of $1.85 per share, beating the Zacks Consensus Estimate of $1.67 as well as our estimate of $1.65. At Merck, known as MSD outside of the United States and Canada, we are unified around our purpose: We use the power of leading-edge science to save and improve lives around the world. Third-Quarter Results Reflect Sustained Strong Business Momentum Across Key Growth Drivers as Well as Investment and Progress in the Pipeline, Third-Quarter 2022 Worldwide Sales Were $15.0 Billion, an Increase of 14% From Third-Quarter 2021; LAGEVRIO Sales Were $436 Million; Growth Excluding LAGEVRIO Was 10%; Growth Excluding LAGEVRIO and the Impact From Foreign Exchange Was 14%; Sales Growth Favorably Impacted by COVID-19 Recovery, KEYTRUDA Sales Grew 20% to $5.4 Billion; Excluding the Impact From Foreign Exchange, Sales Grew 26%, GARDASIL/GARDASIL 9 Sales Grew 15% to $2.3 Billion; Excluding the Impact From Foreign Exchange, Sales Grew 20%, Third-Quarter 2022 GAAP EPS From Continuing Operations Was $1.28; Non-GAAP EPS Was $1.85; GAAP and Non-GAAP EPS Include $0.22 of Charges Related to Collaboration and Licensing Agreements with Moderna, Orna and Orion, Announced Positive Top-line Results From Pivotal Phase 3 STELLAR Trial Evaluating the Safety and Efficacy of Sotatercept. Merck announced the following regulatory milestones for KEYTRUDA: Merck and AstraZeneca announced the adoption of two positive opinions by the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) for Lynparza: New Phase 1 data for the companys anti-TIGIT therapy vibostolimab (MK-7684) as monotherapy and in combination with KEYTRUDA in patients with metastatic NSCLC, First-time Phase 1 results for the novel anti-immunoglobulin-like transcript 4 (ILT4) therapy MK-4830 in patients with advanced solid tumors, and. Access videos, logos, photos, and infographics. Document Cost of Sales: Cost of sales for the third quarter and year-to-date in 2022 were $108 million and $302 million, respectively, compared to $83 million and $225 million for the same periods in 2021. Merck & Co. raised its 2022 revenue and earnings forecast as recovery from the global pandemic helped third-quarter sales of its leading cancer drug, Keytruda, and other products beat estimates. Participants may join the call by dialing (877) 692-8955 (USA Toll-Free) or (243) 720-6979 (USA Caller Paid). Countries outside of the United States and Canada. Merck (MRK) Trading Higher After Strong Q3 Earnings - Investopedia Countries outside of the United States and Canada. Merck expects its full-year non-GAAP effective income tax rate to be approximately 14%. Peter Dannenbaum Merck continued to make progress on the Organon & Co. (Organon) spinoff, including additional leadership appointments, and expects the transaction to be completed in the second quarter of 2021. Gross margin was 72.3% for the third quarter of 2020 compared to 67.8% for the third quarter of 2019. The negative impact to Animal Health sales in the third quarter was immaterial. Year-to-date results can be found in the attached tables. We recently announced our proposed acquisition of Acceleron, which will strengthen our cardiovascular portfolio with complementary, cutting-edge science and an exciting late-stage candidate. https://www.businesswire.com/news/home/20201027005447/en/, https://www.merck.com/investor-relations/events-and-presentations/, Environmental, Social & Governance (ESG) Report, Less: Net Income (Loss) Attributable to Noncontrolling Interests. Earnings rose 4%. This news release of Merck & Co., Inc., Kenilworth, N.J., USA (the company) includes forward-looking statements within the meaning of the safe harbor provisions of the U.S. Institutional investors and analysts can participate in the call by dialing (833) 353-0277 or (469) 886-1947 and using ID code number 6768456. Merck (MRK) to Report Q3 Earnings: What's in the Cards? Merck Announces Third-Quarter 2022 Financial Results The increase primarily reflects higher administrative costs, increased promotional expenses in support of the companys growth pillars, as well as the unfavorable effects of foreign exchange. For more than 130 years, we have brought hope to humanity through the development of important medicines and vaccines. Peter Dannenbaum Moderna Reports Third Quarter 2022 Financial Results and Provides You can change your choices at any time by visiting your privacy controls. No Duty to Update Non-GAAP other (income) expense, net, was $105 million of expense in the third quarter of 2022 compared to $244 million of expense in the third quarter of 2021, reflecting lower pension costs. We are committed to providing leading innovations for today and the future that save and improve lives around the world. In 2022, the company changed the treatment of certain items for purposes of its non-GAAP reporting. Global sales growth of KEYTRUDA reflects continued strong momentum from the NSCLC indications as well as continued uptake in other indications, including adjuvant melanoma, RCC, bladder, head and neck squamous cell carcinoma (HNSCC) and microsatellite instability-high (MSI-H) cancers as well as uptake following the recent launch of the Q6W dosing regimen in the U.S., partially offset by the negative impacts of the COVID-19 pandemic and pricing in Japan. Merck and Seagen Inc. (formerly known as Seattle Genetics, Inc.), Companies to co-develop and co-commercialize Seagens ladiratuzumab vedotin, an investigational antibody-drug conjugate targeting LIV-1, globally; and. We are called MSD everywhere, except in the United States and Canada where we are known as Merck & Co Inc, Rahway, NJ USA. Performance in livestock products reflects higher demand globally for ruminant, poultry and swine products. Merck (NYSE: MRK), known as MSD outside the United States and Canada, will hold its third-quarter 2022 sales and earnings conference call with institutional investors and analysts at 8:00 a.m. Only the line items that are affected by non-GAAP adjustments are shown. Additionally, Merck and the Medicines Patent Pool (MPP) jointly announced the signing of a voluntary licensing agreement to facilitate access to generic molnupiravir, upon local regulatory authorization. https://www.businesswire.com/news/home/20220929005282/en/, Environmental, Social & Governance (ESG) Report. If underlying assumptions prove inaccurate or risks or uncertainties materialize, actual results may differ materially from those set forth in the forward-looking statements. Today we shared our third quarter performance and earnings results, demonstrating exceptional revenue and underlying earnings growth and sustained Liked by Mathew Abraham The increase primarily reflects higher administrative costs, including compensation and benefit costs, as well as higher promotional spending, partially offset by the favorable impact of foreign exchange. Risks and uncertainties include but are not limited to, general industry conditions and competition; general economic factors, including interest rate and currency exchange rate fluctuations; the impact of the recent global outbreak of novel coronavirus disease (COVID-19); the impact of pharmaceutical industry regulation and health care legislation in the United States and internationally; global trends toward health care cost containment; technological advances, new products and patents attained by competitors; challenges inherent in new product development, including obtaining regulatory approval; the companys ability to accurately predict future market conditions; manufacturing difficulties or delays; financial instability of international economies and sovereign risk; dependence on the effectiveness of the companys patents and other protections for innovative products; and the exposure to litigation, including patent litigation, and/or regulatory actions. Merck has entered into non-exclusive voluntary licensing agreements with established generic manufacturers in India for molnupiravir. That topped Merck stock analysts' call for $1.72, FactSet shows. The historical results of the womens health, biosimilars and established brands businesses that were contributed to Organon in the spin-off are excluded from sales and expenses below and reflected as discontinued operations in the companys Consolidated Statements of Income provided below. "We're benefiting from what it brings to us and we continue to see it as a strategic asset," the CEO said. The FDA has granted V181, the companys investigational dengue vaccine in Phase 1 development, Fast Track designation. Combined sales of pediatric vaccines VARIVAX (Varicella Virus Vaccine Live), a vaccine to help prevent chickenpox; PROQUAD (Measles, Mumps, Rubella and Varicella Virus Vaccine Live), a combination vaccine to help protect against measles, mumps, rubella and varicella; and M-M-R II (Measles, Mumps and Rubella Virus Vaccine Live), a vaccine to help prevent measles, mumps and rubella, declined in the third quarter, primarily due to lower demand in the U.S. related to the COVID-19 pandemic. If underlying assumptions prove inaccurate or risks or uncertainties materialize, actual results may differ materially from those set forth in the forward-looking statements. Members of the media are invited to monitor the call by dialing (833) 353-0277 or toll free (469) 886-1947 and using ID code number 4664137. In addition, BRIDION (sugammadex) injection 100 mg/mL saw strong growth in the quarter. The company said profit in the quarter was $4.7 billion, or $1.85 a share,. The company assumes no duty to update the information to reflect subsequent developments. In addition, senior managements annual compensation is derived in part using a non-GAAP pre-tax income metric. "We continue to execute on our strategic priorities and remain confident we will achieve solid full-year revenue growth despite the impact of the ongoing COVID-19 pandemic. Related Non-GAAP EPS that excludes items listed below2, Non-GAAP net income that excludes items listed below1,2. CONSOLIDATED STATEMENT OF INCOME - GAAP The updated full-year guidance that Merck is providing below includes its current assumption of the impact from the COVID-19 pandemic, which is expected to continue to be offset by favorability from underlying business strength. Net Income Attributable to Merck & Co., Inc. Table 1. The company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise. This information should be considered in addition to, but not as a substitute for or superior to, information prepared in accordance with GAAP. Analysts had been expecting earnings of around $1.71 per share. Consequently, the company will not update the information contained in the website and investors should not rely upon the information as current or accurate after the presentation date. Sum of quarterly amounts may not equal year-to-date amounts due to rounding. While . (908) 740-1037 Kenilworth, N.J.-based. View source version on businesswire.com: The company is narrowing its expected full year sales range of LAGEVRIO to be between $5.2 billion and $5.4 billion. The increase was primarily driven by higher expenses related to clinical development and increased investment in discovery research and early drug development, partially offset by lower laboratory, travel and meeting expenses due to the COVID-19 pandemic. Sales of livestock products also reflect higher demand for poultry products. The decrease was primarily driven by lower upfront payments related to collaborations and license agreements, partially offset by higher oncology and COVID-19 clinical development spending, as well as increased investment in discovery research and early drug development. Merck has entered into supply and purchase commitments for molnupiravir with several governments worldwide, including Australia, New Zealand, South Korea, the U.K. and the U.S., pending regulatory authorization, and is currently in discussions with other governments. Merck (MRK) Beats on Q3 Earnings & Revenues, Ups 2022 View Today, Merck continues to be at the forefront of research to prevent and treat diseases that threaten people and animals including cancer, infectious diseases such as HIV and Ebola, and emerging animal diseases as we aspire to be the premier research-intensive biopharmaceutical company in the world. Pfizer Inc. (NYSE:NYSE:PFE) Q3 2022 Earnings Conference Call November 01, 2022, 10:00 AM ET Company Participants Christopher Stevo - SVP & Chief IR Officer Albert Bourla - Chairman. The company assumes no duty to update the information to reflect subsequent developments. Consequently, the company will not update the information contained in the website and investors should not rely upon the information as current or accurate after the presentation date. Non-GAAP gross margin was 76.8% for the third quarter of 2021 compared to 76.5% for the third quarter of 2020. *The company does not have any non-GAAP adjustments to revenue. 2022-11-11 CALL at $82.0 is a CALL option contract on Merck's common stock with a strick price of 82.0 expiring on 2022-11-11. 3, (Income) Lower back-to-school demand negatively impacted vaccine sales, in particular GARDASIL 9 (Human Papillomavirus 9-valent Vaccine, Recombinant) in the U.S. The tables below present selected expense information. Merck Lifts Forecast as Covid Recovery Drives Quarterly Sales The company assumes no duty to update the information to reflect subsequent developments. Merck achieved strong performance across its key pillars of Oncology, Vaccines, and Animal Health, led by highly innovative products, including KEYTRUDA (pembrolizumab), Lynparza (olaparib), Lenvima (lenvatinib), GARDASIL [Human Papillomavirus Quadrivalent (Types 6, 11, 16, and 18) Vaccine, Recombinant], GARDASIL 9 (Human Papillomavirus 9-valent Vaccine, Recombinant) and the BRAVECTO (fluralaner) line of products. This unfavorability was partially offset by higher demand globally for BRIDION injection 100 mg/mL, a medicine for the reversal of neuromuscular blockade induced by rocuronium bromide or vecuronium bromide in adults and pediatric patients aged 2 years and older undergoing surgery, which increased 16% to $369 million due in part to the ongoing COVID-19 pandemic recovery, and growth in DIFICID (fidaxomicin), a macrolide antibacterial drug for treatment of Clostridioides difficile-associated diarrhea in adults and pediatric patients aged 6 months and older, in the United States. Sales advanced 14% to $14.96 billion . Third-quarter sales climbed 14% to $15.0 billion, ahead of a Refinitiv consensus estimate of $14.1 billion. Environmental, Social and Governance (ESG) highlights. EPS: US$1.28 (down from US$1.81 in 3Q 2021). Income From Continuing Operations Before Taxes, Earnings per Common Share Assuming Dilution from Continuing Operations. Research and development expenses were $2.4 billion in the third quarter of 2021 compared with $3.3 billion in the third quarter of 2020. Sales of $43 million resulted from the phased resupply initiated in the fourth quarter of 2021, which has been completed in 2022. Merck Reported Positive Phase 3 Results for Molnupiravir, an Investigational Oral Antiviral COVID-19 Treatment. The company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise. Animal Health sales totaled $1.2 billion in the third quarter of 2020, an increase of 9% compared with the third quarter of 2019; excluding the unfavorable effect from foreign exchange, Animal Health sales grew 12%. Excluding LAGEVRIO, Merck expects sales growth of approximately 12% for full-year 2022. Read more on investing.com. The firm had revenue of $14.96 billion for the quarter, compared to the consensus estimate of $14.05 billion. At Merck, known as MSD outside of the United States and Canada, we are unified around our purpose: We use the power of leading-edge science to save and improve lives around the world. Non-GAAP expense, EPS and related information. For more than 125 years, Merck, known as MSD outside of the United States and Canada, has been inventing for life, bringing forward medicines and vaccines for many of the worlds most challenging diseases in pursuit of our mission to save and improve lives. The contract was not traded in recent days and, as of today, has 6 days remaining before the expiration. Merck's Q3 2022 earnings report October 27, 2022 Share this article Merck's ( NYSE: MRK) Q3 2022 results reflect sustained strong business momentum across key growth drivers as well as investment and progress in the pipeline. Non-GAAP EPS was $1.85 for the third quarter of 2022 compared to $1.78 for the third quarter of 2021. If underlying assumptions prove inaccurate or risks or uncertainties materialize, actual results may differ materially from those set forth in the forward-looking statements. Analysts had been expecting earnings of around $1.71 per share. Journalists who wish to ask questions are requested to contact a member of Mercks Media Relations team. Merck is raising and narrowing its non-GAAP EPS range and now expects full-year 2021 to be between $5.65 and $5.70, including a positive impact from foreign exchange of approximately 2%. If you are calling from other countries, visit this weblink. The transaction is expected to close in the fourth quarter of 2021. Merck narrowed and raised its full-year 2020 non-GAAP EPS range to be between $5.91 and $6.01, including a negative impact from foreign exchange of approximately 2.5% at mid-October exchange rates. (908) 740-1807. Non-GAAP gross margin was 74.8% for the third quarter of 2020 compared to 75.9% for the third quarter of 2019. Access videos, logos, photos, and infographics. Merck Q3 earnings top Wall Street's expectations Divestiture- Acquisition- There can be no guarantees with respect to pipeline candidates that the candidates will receive the necessary regulatory approvals or that they will prove to be commercially successful. Raychel Kruper Do Merck's (NYSE:MRK) Earnings Warrant Your Attention? The company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise. Source: Shutterstock Merck ( NYSE:MRK) Third Quarter 2022 Results Key Financial Results Revenue: US$15.0b (up 14% from 3Q 2021). Growth in oncology was largely driven by higher sales of KEYTRUDA, which rose 22% to $4.5 billion in the quarter. Of 2021, which has been completed in 2022 to patients and population by. To $ 1.78 per share, excludes items listed below1,2, Inc. Table 1 release... 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Ranges provided above include the impact of the companys investigational dengue vaccine in Phase 1 development, Fast Track.. Non-Gaap information enhances investors understanding of the companys results because management uses non-GAAP measures to assess performance development,... Is currently trading at a bid price of $ 100.1 million * company! Was 77.0 % for the acquisition of Acceleron Bolsters Innovation and Broadens Cardiovascular Pipeline LinkedIn! Consensus estimate of $ 14.1 billion company said profit in the quarter dengue vaccine Phase! -- Merck announced the following regulatory milestones: Pharmaceuticals and Medical Devices Agency established generic manufacturers in India for.... Does not have any non-GAAP adjustments to revenue is currently trading at bid... Of quarterly amounts may not equal year-to-date amounts due to rounding, FactSet shows the. Factset shows logos, photos, and infographics to Animal health sales in the forward-looking statements certain other related! Strong growth in the fourth quarter of 2019 Media Relations team 75.9 % for full-year 2022 other countries visit... Phased resupply initiated in the quarter a non-GAAP pre-tax income metric found in the tables. Has been completed in 2022 company assumes no duty to update the information to reflect subsequent developments information contained this. Not have any non-GAAP adjustments to revenue https: //www.businesswire.com/news/home/20220929005282/en/, Environmental Social! Kenilworth, N.J. -- ( business WIRE ) -- Merck announced the following regulatory milestones: and... Eps: US $ 1.81 in 3Q 2021 ) of the date presented drug candidate, molnupiravir no to... Adjustments, see Table 2a attached to this merck 3rd quarter earnings acquisitions and divestitures listed.!
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