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Global 500

Armando Babani—/EPA-EFE/REX/Shutt ARMANDO BABANI/EPA-EFE/REX/Shutt

276

Merck

MRK

U.S.

The pharmaceutical giant raked in $40.1 billion in global sales in 2017, an increase of 1% from the year before. Merck’s superstar cancer immunotherapy drug Keytruda has continued to be the big performer; it alone brought in $1.46 billion in the first quarter of this year—an increase of 150% from the same time period last year. Success has been a mixed blessing, however. Keytruda now plays an outsize role in Merck’s portfolio, responsible for about 15% of the company’s sales. Moreover, plans to expand the drug’s applications have hit a snag: A collaboration with the biotech research firm Incyte to combine the drug with another experimental therapy was halted.

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CEO

Kenneth C. Frazier

Sector

Health Care

Industry

Pharmaceuticals

HQ Location

Kenilworth, N.J.

Years on Global 500 List

24

Employees

69,000

Key Financials (Last Fiscal Year)
($ Millions)% change
Revenues ($M)$40,1220.8%
Profits ($M)$2,394.0-38.9%
Assets ($M)$87,872
Total Stockholder Equity ($M)$34,336
Profit Ratios
Profit as % of Revenues6.0%
Profits as % of Assets2.7%
Profits as % of Stockholder Equity7.0%
STOCK QUOTE
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  • 52 Week Change %: 0.00
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