MRK · 10-Q · 2026Q3 · Full report

Animal Health Demand

Merck & Co., Inc. · 2026-11-04 · Importance 18 · Surprise 14 · In source text

Companion animal product sales grew 6% in the third quarter and 8% in the first nine months of 2026, driven largely by new product launches and partly offset by lower vaccine pricing. Bravecto sales were $264 million in the quarter, up 1% (flat excluding foreign exchange), and $1.0 billion year to date, up 8% (5% excluding foreign exchange). Merck said lower demand for other portfolio products partially offset year-to-date growth. Numelvi, approved in February 2026, is the first and only second-generation JAK inhibitor indicated to control pruritus associated with allergic dermatitis in dogs six months and older.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
revenuepositiveprobable—The FDA approved Numelvi (atinvicitinib tablets) in February 2026 as the first and only second-generation JAK inhibitor indicated to…