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CLAIM #43600 · Merck & Company Inc (MRK) · 2025Q3 earnings call · Oct 30, 2025 · due Dec 31, 2026

We have not given specific targets, but we see it growing as a percent overall of total sales, and it's over half of our growth.

Rob Davis · CEO

PENDING
graded after results covering Dec 31, 2026 are reported

How to check this claim

Look at: This product line's (immuno-oncology/KEYTRUDA-related franchise referenced) revenue as a percent of total company sales

It came true if: Percent of total sales higher than the last reported figure (exceeding 25% as of Q3 2025)

Where: Company quarterly earnings release / 10-K segment or product revenue disclosures

In context

ve currently 10 approved indications, now 5 with overall survival, which is important. And if you look at where we are going forward, the drivers of that in that cervical continues to be important, RCC, we continue to see TNBC and non-small cell lung cancer, all are important drivers. We're obviously excited. We don't have approval yet, but you heard that we have yet another potential OS benefit coming, 905, I believe it is, that Dean spoke about earlier. So yet more coming, and that's in muscle invasive bladder cancer. So a lot out there, we're excited about where it goes. It's driving over half of our growth. Right now, it's coming from earlier-stage indications. And we achieved -- if you look back to -- we indicated we would be at 25% in 2024, and '25, we're now -- we're exceeding 25%. We have not given specific targets, but we see it growing as a percent overall of total sales, and it's over half of our growth. So it is an important driver, especially as we think about the QLEX launch that is just starting to get underway. Operator: Our next question comes from Chris Schott with JPMorgan. Christopher Schott: Just Rob, a question on MFN. I appreciate the color in the prepared remarks. But just following some of the recent deals with the administration, both with Pfizer and Astra, should we be thinking about this type of structure as a reasonable framework for the industry? And just any updates in terms of where Merck is in terms of its discussion with the administration on MFN. Robert Davis: Yes, Chris, thanks for the question. As I said in the prepared remarks, overall, we're aligned with what the administration is trying to achieve, which is to lower the out-of-pocket cost for patients at the p

Verify independently

SEC filings for MRK · Claim quote is verbatim from the 2025Q3 earnings call.