Merck & Co.'s Solid Growth Turbo-Charged By Lagevrio For COVID-19

Even without Lagevrio, Merck's base business grew by double digits; the company raised its revenue guidance for the year.

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Lagevrio powered Merck & Co.'s first quarter sales • Source: Alamy (Alamy Stock Photo)

Merck & Co., Inc.'s antiviral Lagevrio (molnupiravir) for COVID-19 generated $3.2bn in sales in the first quarter, powering a Q1 revenue surge, but even without Lagevrio the base business turned in a solid financial performance with growth of 19%.

The strong sales reported on 28 April led Merck to raise revenue guidance for the year by around $500m to...

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