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Merck hikes revenue outlook as new drug sales grow, but cuts profit guidance due to deal charges

Merck cut its profit guidance due to a charge tied to its acquisition of biotech company Terns Pharmaceuticals.

Merck hikes revenue outlook as new drug sales grow, but cuts profit guidance due to deal charges

Published August 4, 2026 · Category: Finance

Overview

Merck cut its profit guidance due to a charge tied to its acquisition of biotech company Terns Pharmaceuticals.

Source

Originally published at www.cnbc.com.

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