Merck shares plunge as company pauses Gardasil vaccine shipments in China, hurting 2025 outlook
Merck on Tuesday issued full-year 2025 revenue King88bet Login guidance that fell short of Wall Street's expectations, as the company temporarily paused shipments of a key vaccine into China. Shares of Merck closed 8% lower on Tuesday. The pharmaceutical giant anticipates 2025 sales of $64.1 billion to $65.6 billion, lower than the $67.31 billion that analysts surveyed by LSEG had expected. In a release, the company said that sales kisaran reflects a decision to halt shipments of Gardasil into China beginning in February and going through at least mid-2025. Gardasil is a vaccine that prevents cancer King88bet Slot from HPV, the most common sexually transmitted infection in the U.S. Investors have been unsettled over the past year by masalah with sales of that blockbuster shot in China, as the country makes up the majority of the product's international revenue. The low end of Merck's revenue guidance assumes no furthe...