Drug and vaccine maker Merck & Co Inc (MRK.N) said it suffered a worldwide disruption of its operations when it was the victim of an international cyber attack in June, halting production of its drugs, which will hurt its profits for the rest of the year.
The company said it does not yet understand the full magnitude of the impact as it is in the process of restoring manufacturing operations. It disclosed the attack last month, but did not disclose the manufacturing shutdown at the time.
“Full recovery from the cyber-attack will take some time, but we are making steady progress,” Chief Executive Ken Frazier said on a conference call as the company reported quarterly results.
https://www.reuters.com/article/us-merck-co-results-idUSKBN1AD1AO
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