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Higher prices for MS drug help drug firm Merck

The higher prices of its treatment of multiple sclerosis help the German pharmaceutical company Merck first-quarter net profit rose 54%. Merck also saw stronger material sales of liquid crystal display, and raised its earnings forecast that this year will achieve its 2014 target. Optimistic net profit came to EUR 266 million yuan ($ 345 million) in the first three months of this year from a year earlier to 172.7 euros. Total revenue rose 4.4% to $ 276 million. The company said on Tuesday that its multiple sclerosis treatment Rebif sales increased by 6% to ? 454 million, due to higher prices, higher sales in the U.S. and in Europe. Merck, headquartered in Darmstadt, Germany, Merck, is a different company is headquartered in the United States of


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