Merck plans $3 billion cost cuts by end of 2027, narrows full-year outlook

Merck plans $3 billion cost cuts by end of 2027, narrows full-year outlook

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Merck on Tuesday said it will slash $3 billion in costs by the end of 2027 to be fully reinvested to support new product launches and its drug pipeline. The multi-year effort comes as Merck prepares to offset revenue losses from the upcoming patent expiration of its blockbuster cancer drug…

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