Drugmaker Merck posts 57 percent drop in first-quarter profit on lower sales, partner revenue
* Linda A. Johnson, AP Business Writer *
Tuesday April 21, 2009, 8:26 am EDT
TRENTON, N.J. (AP) — Drugmaker Merck & Co. on Tuesday posted a 57 percent drop in first-quarter profit, falling short of expectations, because of a drop in both sales of its drugs and income from its partnership on cholesterol medicines.
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