Merck admits cyberattack is having an impact on research, manufacturing — we're just not sure how big
Merck is still grappling with just how much damage they’ve incurred as a collateral victim of the NotPetya attack one month ago. And as a direct consequence, they’re cutting their profit outlook and signaling delays with some product supply orders.
The pharma giant disclosed the news this morning in their earnings report, with CFO Rob Davis telling analysts the company is still “assessing the full impact.” But it has clearly had an impact on the numbers. “The guidance would have been higher without the cyberattack,” Davis added.
Unlock this article instantly by becoming a free subscriber.
You’ll get access to free articles each month, plus you can customize what newsletters get delivered to your inbox each week, including breaking news.