S&P 5007,765.36▼0.5% Nasdaq27,193.34▼1.2% Dow51,231.64▲0.1% Russell 2K2,794.13▲0.0% 10-Yr5.23%−5bp VIX15.41+0.33 WTI$91.10▲3.2% Gold$4,157.80▲0.4% EUR/USD1.122▼0.3% BTC$81,907▼1.4% Nikkei70,036▼0.9%
At close · Thu, Oct 8, 2026
Daily Market Updates.

Earnings

Home›Earnings›Analyst Ratings›Merck and Gilead partnership highlights pharma growth…

Merck and Gilead partnership highlights pharma growth beyond head-to-head rivals

Merck reported $16.3 billion in first-quarter 2026 sales, while Gilead posted $7.0 billion in total revenue, underscoring how alliances can shape oncology and virology growth strategies.

Yahoo Finance characterizes the Merck and Gilead partnership as a way for biopharma companies to accelerate development without relying solely on competing head-to-head in drug development.

The outlet says Merck reported $16.3 billion in total sales for the first quarter of 2026, up 5% year over year, with Keytruda generating $8.0 billion, plus Winrevair contributing $525 million, up 87% ex-exchange.

It also notes that Merck’s first-quarter results included GAAP and non-GAAP net losses per share of $1.72 and $1.28, respectively, largely tied to upfront charges related to the acquisition of Cidara Therapeutics, even as Merck narrowed and raised its full-year worldwide sales guidance midpoint to a range of $65.8 billion to $67.0 billion.

Yahoo Finance adds that Gilead reported $7.0 billion in total revenue for the first quarter of 2026, with 5% year-over-year product sales growth, and highlights that its HIV franchise generated $5.0 billion in sales, up 10% year over year, supported by Biktarvy and newly launched HIV pre-exposure prophylaxis therapy Yeztugo (lenacapavir).

More like this

Sources

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.