Friday, 29 July 2011

Merck plans more job cuts; 2Q profit rises

WHITEHOUSE STATION, N.J. (AP) -- Drugmaker Merck & Co.'s second-quarter profit nearly tripled from a year ago, when about $2 billion in charges hurt results. Merck also said Friday that it will cut up to 11,830 jobs. The maker of asthma and allergy drug Singulair and Type 2 diabetes pill Januvia ...

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