All entries for: Merck

May 5, 2023

Merck

Negative Outlook

Rahway, NJ
10,001-50,000 employees
Disease Area: Oncology
Drug Type: Biologic, Small Molecule
November 3, 2022

Merck

Negative Outlook

Rahway, NJ
10,001-50,000 employees

• IRA & 9-Month Period in 2022: “…the Company’s sales performance in the first nine months of 2022 was negatively affected by other cost-reduction measures taken by governments and other third parties to lower health care costs. In the U.S., Congress recently passed the Inflation Reduction Act, which makes significant changes to how drugs are covered and paid for under the Medicare” • General Impact: “The Company anticipates all of these actions and additional actions in the future will negatively affect sales and profits”

Disease Area: Oncology
Drug Type: Biologic, Small Molecule
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