Merck Confident In Keytruda’s Dominance In Lung Cancer, Despite Competitors’ Data

With Keytruda sales of more than $3bn during Q3 and roughly 80% market share in lung cancer, Merck indicates little worry about recent data readouts for BMS and AstraZeneca in NSCLC.

Two leading hard currencies - US Dollar versus Euro
Keytruda's revenue topped $3bn during the third quarter

Merck & Co. Inc.’s third- quarter revenue growth of 15% was driven largely by its cancer and vaccine portfolios, as Keytruda (pembrolizumab) notched worldwide sales of nearly $3.1bn, good for 62% growth year-over-year. The pharma told its quarterly earnings call on 29 October that it expects Keytruda to maintain its strong market-share hold in lung cancer despite positive readouts in the past week for competing immuno-oncology regimens from Bristol-Myers Squibb Co. and AstraZeneca PLC.

Read the full article – start your free trial today!

Join thousands of industry professionals who rely on Scrip for daily insights

  • Start your 7-day free trial
  • Explore trusted news, analysis, and insights
  • Access comprehensive global coverage
  • Enjoy instant access – no credit card required

More from Earnings

More from Business

Biotech Leaders Fear FDA Disruption Is Causing Delays

 

A letter to US Senate HELP Committee Chair Bill Cassiday sounds an alarm about irreparable damage to the FDA, signed by more than 200 biotech executives and investors.

Ferring’s Faith In Bladder Cancer Gene Therapy Starts To Pay Off

 
• By 

Adstiladrin sales hit €70m in first full year on the market

Q1 VC Financings Fall Short As Early Deals, Mega-Rounds Dip

 
• By 

Evaluate data show that biopharma companies raising cash in the smallest and largest categories of venture capital financings struggled to meet bars set in prior quarters.