Merck KGaA sees client stockpiling of lab equipment amid Iran war, lifts guidance
read at Endpoints ↗Positive
Merck KGaA's CFO Helene von Roeder said the company is observing a rise in demand for its laboratory equipment as customers increase inventories in response to the ongoing war in Iran.
The heightened purchasing activity reflects concerns about potential supply disruptions, prompting pharmaceutical manufacturers and research labs to secure essential instruments.
The surge in orders has contributed to a stronger outlook for Merck KGaA, helping the firm raise its financial guidance for the current year.
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This writeup was produced by pharmadog from original reporting by Endpoints.
Original headline: “Merck KGaA's clients are stockpiling due to Iran war, supporting guidance boost”
read at Endpoints ↗92 words · retrieved May 13
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