Merck & Co. is slashing $3 billion from its annual spending as it braces for off-brand competition to its cancer drug ...

The multi-year effort comes as Merck prepares to offset revenue losses from the upcoming patent expiration of its blockbuster ...

By Michael Erman (Reuters) -Drugmaker Merck & Co on Tuesday announced job and cost cuts it said will save $3 billion a year ...

On a per-share basis, the Rahway, New Jersey-based company said it had profit of $1.76. Earnings, adjusted for one-time gains and costs, were $2.13 per share. The results topped Wall Street ...

Merck stock fell slightly in premarket trading Tuesday after the pharmaceutical giant posted second-quarter earnings and said ...