Pharma sales fuel growth at Merck KGaA, despite challenges

1 August 2024

Merck KGaA (MRK: DE) has reported strong financial results for the second quarter of 2024, driven largely by a robust performance in its life science business.

Healthcare achieved organic sales growth of 5.3%, bolstered by key products in its oncology and cardiovascular, metabolism, and endocrinology franchises.

Overall, Merck's group net sales increased organically by 1.7% to 5.4 billion euros ($5.93 billion) compared to the same quarter last year.

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