Financial Report: Merck 2Q

Posted on July 30, 2010 @ 08:30 am

Merck 2Q

2Q Revenues:
$11.3 billion (+92%)

2Q Earnings:
$780.2 million (-51%)

YTD Revenues: $22.8 billion (earnings were $11.3 billion YTD09)

YTD Earnings:
$1.1 billion (-64%)

Comments:
Singulair sales in the quarter were flat at $1.3 billion. Remicade sales were $669 million (+18%). Zetia sales were $564 million (+1%) and Vytorin sales were $490 million (-8%). Isentress sales jumped 55% to $267 million. Cozaar/Hyzaar sales were down 46% to $485 million due to generic competition. Results in the quarter and YTD include $1.7 billion and $4.0 billion, respectively, of merger-related expenses.