Merck & Co.
213 E Grand Ave, South San Francisco, CA 
33 Avenue Louis Pasteur, Boston, MA
320 Bent St, Cambridge, MA
    
    
    
    
    
    
33 Avenue Louis Pasteur, Boston, MA
320 Bent St, Cambridge, MA
NEWS
        
        
        
    
        Here’s a look at the eight most profitable biopharma companies around the world. Profitability, in this case, refers to net income, as opposed to total revenue or sales.
    
        
    
        
    
        
    
        This morning, Merck hosted a cardiovascular investment event where it touted the advances it’s made in its pipeline, which includes a portfolio that has tripled in size over the past year.
    
        
    
        
    
        
    
        Merck strengthened its HPV vaccines manufacturing capacity with the expansion of its facility in Elkton, Virginia. Also, an additional 150 new jobs are created. 
    
        
    
        
    
        
    
        Three studies supporting Merck and Ridgeback Biotherapeutics’ Lagevrio (molnupiravir) will be presented at the ECCMID 2022 in Lisbon from April 23-26. 
    
        
    
        
    
        
    
        After wrapping up March with a flurry of PDUFA dates, the U.S. Food and Drug Administration has a more leisurely calendar for the first three weeks of April, at least in terms of drug approvals.
    
        
    
        
    
        
    
        It was a particularly busy week for clinical trial announcements. Let’s take a look.
    
        
    
        
    
        
    
        The FDA requested additional data analyses from the pediatric studies that Merck stated it has submitted. The final decision is expected on July 1, 2022.
    
        
    
        
    
        
    
        Kenneth Frazier, executive chairman and former chief executive officer of Merck, joins former colleagues Roger Perlmutter and Roy Baynes at the well-financed company.
    
        
    
        
    
        
    
        Several employees at three biopharma firms are not having a very good week, as Zealand Pharma, Merck and Orchard Therapeutics all announced job cuts. 
    
        
    
        
    
        
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    IN THE PRESS