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Merck KGaA Rebounds After COVID-19 Lockdowns

Mavenclad And Fertility Business Back On Track

 
• By Kevin Grogan

The coronavirus pandemic hurt the German group's healthcare division but helped the contract development and manufacturing activities of Merck's life sciences business.

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Merck Sticking To €2bn pharma sales target by 2022 • Source: Shutterstock

Merck KGaA says it is still on track to hit its healthcare sales target of around €2bn for 2020 now that the multiple sclerosis drug Mavenclad and its fertility products have weathered the impact of the coronavirus pandemic and are growing again.

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