logo
Plus   Neg
Share
Email

Merck Plans Strong Growth Over Next Five Years - Quick Facts

Merck (MRK) said it targets to deliver strong revenue growth every year in the next five years, including 2023. Merck will continue to evolve its operating model to maximize revenue potential to drive meaningful operating margin expansion. Merck noted that it made investments in infectious diseases, cardiovascular medicine and other areas of high unmet need.

At a meeting with the investment community, the members of Merck's leadership team will outline the company's strategic priorities.

Kenneth Frazier, Merck CEO said, ""We are driving continued momentum across our business and expect our current product portfolio to deliver strong growth over the next five years.."

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Microsoft has delayed the worldwide launch of its Surface Earbuds till Spring 2020. The $249 wireless earbuds were originally expected to launch this year. The delay is a setback in Microsoft's attempt to compete with Apple's latest earbuds, AirPods Pro, which has a new design and features active noise cancellation. General Motors Co. (GM) is hiring for new workforce, after cutting about some 4,000 salaried employees early this year. According to Detroit Free Press, the auto giant is hiring for a new workforce as the company invests more money to develop electric and self-driving vehicles. Earlier this year,... Australia's Federal Court has ruled in favor of more than 1,000 women in a landmark class-action lawsuit against Johnson & Johnson after they suffered severe pain and complications from the healthcare giant's pelvic mesh implants. Johnson & Johnson and its subsidiary Ethicon were accused of hiding the risks of its pelvic mesh products.
Follow RTT
>