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Pharma giant Merck expects Trump’s tariffs to cost the company $200 million

Fortune LogoFortune1d ago

Pharma giant Merck expects Trump’s tariffs to cost the company $200 million - Fortune

Quick Summary:

The news comes a week after J&J executives said they expect $400 million in tariff-induced expenses in 2025.

In an April 24 earnings call, executives said they expect $200 million in tariff-related costs in 2025.

Merck is also preparing for its blockbuster cancer drug Keytruda, which single-handedly accounts for more than 45% of the drugmaker’s global drug sales, to face patent expiration in 2028.


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Article Details

Author / Journalist: Maia Anderson, Healthcare Brew

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-25 @ 18:13:55 (1 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 514 words

Reading Time: 3 minutes read

Sentences: 4 lines

Sentence Length: 129 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 28210193

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Official Website: fortune.com

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Year Established: 1929

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News Last Updated: 9 hours ago

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