Merck reports poor second quarter

Published: Jul 29 2013 08:00:00 PM EDT   Updated On: Jul 30 2013 07:02:59 PM EDT

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.