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CLAIM #43459 · Merck & Company Inc (MRK) · 2024Q2 earnings call · Jul 30, 2024 · due Dec 31, 2024

But we will not take our eye off the short term where we are equally confident in the guidance, we raised revenue today.

Rob Davis · CEO

CANNOT_DETERMINE
resolved by a revision, graded at the moved level · official band 5 percent
Committed
we will not take our eye off the short term where we are equally confident in the guidance, we raised revenue today
Reported
We now expect revenue to be between $63.6 billion and $64.1 billion.

In context

hem, green shoots around GARDASIL everywhere else in the world gives us confidence in the $11 billion for that, as we've talked about. But then beyond that, the growing breadth of our pipeline, obviously, KEYTRUDA continues to deliver meaningfully for the business and for patients. But I am growing in my own excitement for the breadth and depth of the pipeline we have coming. Hopefully, it wasn't lost on everyone that we pointed out, we would be launching more drugs in the next 5 years than we've launched in the last 10 many, many of which will be blockbuster plus opportunities. So the pipeline is maturing, and we're starting to see the green shoots of opportunity that continue to grow our confidence as we look to 2028 into the 2030s and beyond. And that's where we will continue to focus. But we will not take our eye off the short term where we are equally confident in the guidance, we raised revenue today. Obviously, we kind of were neutral on earnings, but that's because of the investment we're making into the business, bringing in even more opportunities like EyeBio. So there's a lot out there, and I just want to leave you with that note of what's driving my confidence and my appreciation for your support of the stock. Thank you. Operator: Thank you for your participation on today's conference call. At this time, all parties may disconnect.

Verify independently

SEC filings for MRK · Claim quote is verbatim from the 2024Q2 earnings call.