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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.

The German group reported an upturn in fortunes at its capital markets day on 16 September, noting that while in...

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