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Merck profit and sales rise, beat expectations amid big jump in Keytruda sales

Merck & Co. MRK, +3.06% reported Friday a second-quarter net profit that rose to $1.95 billion, or 71 cents a share, from $1.21 billion, or 43 cents a share, in the same period a year ago. Excluding non-recurring items, the drug giant said adjusted earnings per share came to $1.01, beating the FactSet consensus of 87 cents. Revenue rose 1% to $9.93 billion from $9.84...