BRIEF-GN Store Nord: Sale of GN Otometrics; partnership with Natus
* Said on Sunday GN Hearing and Natus Medical Incorporated had entered into agreement whereby ownership of GN Otometrics is transferred from GN Hearing to Natus
July 30 Merck & Co's quarterly revenue fell short of Wall Street expectations, on lower sales of its consumer health and animal health products and weak growth of its treatments for diabetes and arthritis.
The second-biggest U.S. drugmaker on Tuesday said it earned $906 million, or 30 cents per share, in the second quarter. That compared with $1.79 billion, or 58 cents per share, in the year-earlier period.
Global company revenue fell 11 percent to $11.01 billion,
hurt by generic competition for its Singulair asthma drug, which lost U.S. patent protection a year ago. Wall Street had expected company revenue of $11.22 billion.
* Marksans Pharma Limited announces USFDA approval for loratadine liquid filled capsules 10 mg Source text: http://bit.ly/2da7pd8 Further company coverage: (Bengaluru newsroom)
FRANKFURT, Sep 26 The following are some of the factors that may move German stocks on Monday: