TheraRadar
← Back
Data updated: May 24, 2026

Merck

MRK Big Pharma

Research-driven pharma giant anchored by Keytruda, the world's best-selling cancer drug. Strong pipeline in oncology, vaccines (Gardasil), and infectious disease. Known as MSD outside the US.

$64.2B
Revenue (2024)
$240.0B
Market Cap
-
Trials
7
New Drugs (2yr)
Modality:
48 Small Molecules 22 Biologics
Novel Drugs (2016-2025):
13 Novel Approvals 6 First-in-Class 3 Orphan Drug 3 Breakthrough

Merck at a Glance

  • Leading 29 drug targets across portfolio
  • Fast trial execution (18 months median completion)

Upcoming FDA Decisions

Full Calendar →
Jun 19, 2026 — Welireg (belzutifan) + Keytruda (pembrolizumab)
24d
Sep 21, 2026 — Winrevair (sotatercept)
Oct 4, 2026 — Welireg (belzutifan) + Lenvima (lenvatinib)

Recent FDA Approvals

New drug approvals (NDA/BLA) in the last 2 years. Shows novel drugs only, excluding generics and label supplements.

Therapeutic Areas

Disease areas where this company has approved drugs and active pipeline. Weighted by commercial stage: approved drugs count most, followed by late-stage trials.

Oncology 42%
6 drugs Phase 3: 170 Phase 2: 123 Phase 1: 219
Infectious Disease 28%
7 drugs Phase 3: 126 Phase 2: 72 Phase 1: 106
Metabolic 13%
9 drugs Phase 3: 54 Phase 2: 15 Phase 1: 61
Cardiovascular 10%
7 drugs Phase 3: 43 Phase 2: 17 Phase 1: 47
Respiratory 7%
6 drugs Phase 3: 17 Phase 2: 41 Phase 1: 20

Pipeline Snapshot

Active clinical trials across all therapeutic areas. Data from ClinicalTrials.gov.

410
Phase 3
268
Phase 2
453
Phase 1

Phase 3 Readout Calendar Pro

8 Phase 3 trials with confidence-graded primary completion dates.

Full calendar →
Q3 2026
Pembrolizumab
Lung Neoplasms
Estimated · aging NCT04380636
Q3 2026
Pembrolizumab
High-risk Non-muscle Invasive Bladder Cancer
Estimated · fresh NCT03711032
Q3 2026
IV Tulisokibart
Ulcerative Colitis
Estimated · fresh NCT06052059
Unlock 5 more readouts with confidence-graded estimates
Upgrade to Pro

Anchored on CT.gov primary completion date. Topline announcements typically precede this by 3–9 months. Confidence labels combine date type (ACTUAL/ESTIMATED) with last-update freshness.

Pro Intelligence Preview

Deep insights for investors and analysts

Revenue Insights

  • KEYTRUDA leads revenue
  • 5 key drugs tracked
View revenue breakdown →

Trial Catalysts

  • Oncology pipeline focus
  • 8 Phase 3 readouts tracked
View readout calendar →

Patent Risk

  • Patent expiration timeline
  • Revenue at risk analysis
View patent timeline →

Compare Companies

  • Side-by-side pipeline analysis
  • Revenue & market share comparison
Compare with competitor →

Execution Intelligence

  • Phase 3: 315/456 completed
  • Speed: 18 months avg
Unlock Full Intelligence

Revenue forecasts • Trial milestones • Patent risk modeling

How We Calculate These Metrics

Execution Quality Score

Measures trial completion rates weighted by phase importance. Phase 3 trials count 4x more than Phase 1 because late-stage completion is harder and more valuable.

What counts as "completed": A trial that reached its planned endpoint and reported results. Trials that were terminated early, withdrawn, or suspended are not counted as completed—these often indicate safety issues, lack of efficacy, or strategic pivots.

  • Excellent (80%+): Top-tier execution, most trials reach planned endpoints
  • Good (60-79%): Strong execution with occasional early terminations
  • Fair (40-59%): Average execution, notable rate of terminated/withdrawn trials
  • Needs Improvement (under 40%): High termination rates, execution challenges