AIDS Battle Continues At Merck & Co. Inc. (NYSE:MRK)

Posted on 25 August 2010 by Finance Wire

The fight against AIDS will be helped by the announcement of a further $60 million from Merck & Co. Inc. (NYSE:MRK).

AIDS Battle Continues At Merck & Co. Inc. (NYSE:MRK)

Merck & Co. (NYSE:MRK) said it, along with the Bill & Melinda Gates Foundation, will pledge another $60 million toward Botswana’s African Comprehensive HIV/AIDS Partnerships, a private-public partnership aimed at treatment and prevention of HIV.

This new pledge puts the combined contributions from Merck’s foundation and the Gates’s charitable efforts to $166.5 million. The drug giant said it will continue supplying HIV medicines at no cost.

Merck & Co. Stock Info

As of 8/24/2010 (Last trade – 4:01pm), the Merck & Co. (NYSE:MRK) stocks are sitting at 34.44.

Over the past three months there has been a 9.8% change in the Merck & Co. (NYSE:MRK) stock price.

Merck & Co. (NYSE:MRK)
Last Price: 34.44
52 Week Low / High: 30.7 / 41.56
Market Cap: 105850000
Consensus Analyst Opinion: Moderate Buy
Zack’s Industry Rank: 2 out of 15

We’ll be keeping a close eye on the Merck & Co. (NYSE:MRK) stock price for changes over the next few weeks.

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