Wednesday, February 5, 2020

Merck to spin off assets with $6.5B in sales; Q4 profit up

Drugmaker Merck beat Wall Street's fourth-quarter profit expectations, but investors weren't as happy with its biggest move in years: deciding to spin off its women's health division and other operations with $6.5 billion in annual revenue.

from Section Page News - Modern Healthcare https://ift.tt/31uTkzt
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