Merck profit rises, cuts 2020 forecast over COVID-19 uncertainty

April 28, 2020 admin Business News Comments Off on Merck profit rises, cuts 2020 forecast over COVID-19 uncertainty

Merck & Co Inc on Tuesday posted a 10.4% rise in first-quarter profit, helped by strong sales of cancer therapy Keytruda, but the drugmaker lowered its 2020 profit forecast due to uncertainty from the COVID-19 pandemic.

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Source:: Reuters – Business News