Or that ivermectin would impact their multi-$100M sales of Mk-7110, MK-4482 and Rebif repurposed for COVID-19 treatment...
How could it impact on that if it does not work!?! That makes no sense. It would not cure anyone, so it would not reduce the demand for their other drugs.
If they thought it does work, surely they would be pleased to sell mountains of the stuff, at any price. A company does not turn down an opportunity to sell a product, even one that carnivalizes their own market. If they thought ivermectin works, they would know that if they do not sell it, someone else will. They can have part of the market, or none of it. Which would you choose?
Again, here is the science on ivermectin:
I'm still waiting for the first negative study of ivermectin on COVID-19, despite what you continue to claim....
Evidently the experts at Merck disagree with you. They say all of the studies are negative. I wouldn't know, but I expect they know more about this than you do.