Merck reports poor second quarter

Published: 8:00 PM EDT Jul 29, 2013   Updated: 7:02 PM EDT Jul 30, 2013

A locally-based drug maker is reporting a rough second quarter.

Merck says its second quarter profit has fallen by about half.

The company made $906 million over the second three months of the year.

Last year, that figure was $1.8 billion

Revenue was also down.

The Hunterdon County-based drug maker is blaming the bad quarter on generic competition and other problems.