Discontinued — last reported Q3 '23

Products & Services · Other Intangibles, Net

nemtabrutinib — Other Intangibles, Net

Merck & Co. nemtabrutinib — Other Intangibles, Net remained flat by 0.0% to $418.00M in Q3 2023 compared to the prior quarter. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryCapital Allocation
SignalHigher is better
VolatilityModerate
First reportedQ4 2021
Last reportedQ3 2023

How to read this metric

A decrease in this value typically indicates either regular amortization or an impairment charge due to unfavorable clinical trial results or market outlook, while an increase suggests additional investment or acquisition of related assets.

Detailed definition

This metric represents the net book value of intangible assets specifically associated with the nemtabrutinib product li...

Peer comparison

Comparable to 'In-Process Research and Development' or 'Product Rights' reported by other biopharmaceutical companies for specific drug candidates.

Metric ID: mrk_segment_nemtabrutinib_other_intangibles_net

Historical Data

4 periods
 Q4 '21Q3 '22Q4 '22Q3 '23
Value$2.00B$1.20B$418.00M$418.00M
QoQ Change-40.0%-65.2%+0.0%
YoY Change-79.1%-65.2%
Range$418.00M$2.00B
Avg YoY Growth-72.1%
Median YoY Growth-72.1%

Frequently Asked Questions

What is Merck & Co.'s nemtabrutinib — other intangibles, net?
Merck & Co. (MRK) reported nemtabrutinib — other intangibles, net of $418.00M in Q3 2023.
What does nemtabrutinib — other intangibles, net mean?
The net accounting value of intellectual property and development assets tied to the nemtabrutinib product line.