Mavenclad Is Merck KGaA Bright Spot As Q2 Sales Slip

With strong quarterly sales of Mavenclad in Europe, and a recent re-filing of the drug with the FDA, Merck KGaA continues to play the waiting game for top-line growth to return as it banks on the new addition to its MS franchise.

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Merck KGaA is playing the waiting game for profits to return

Foreign currency headwinds and declining sales of Rebif (interferon beta-1a) have done Merck KGAA no favors in Q2, but the German group hopes that the early promise shown by its newer multiple sclerosis drug Mavenclad (cladribine) will lead it back to growth.

Rebif sales came in at a respectable €383m for the quarter, falling by 4.2% organically but also hit by negative...

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