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Merck halts Gardasil shipments to China, withdraws $11B sales …
Feb 4, 2025 · The continued decline of Merck & Co.’s HPV vaccine Gardasil in China has come to a head as the New Jersey drug giant is halting shipments to the world’s second-most populous country. Thanks to ...
Merck 2025 sales forecast underwhelms as it pauses Gardasil sales in China
6 days ago · Overall sales of Gardasil fell 17% to $1.55 billion in the final quarter of last year, mainly due to the lower demand in China. Gardasil vaccine protects against cancer-causing human papilloma virus or HPV infections.
Merck stops Gardasil shipments to China, hitting 2025 outlook; …
Feb 4, 2025 · Merck said on Tuesday it would not ship its HPV vaccine Gardasil in China until at least the middle of this year due to weak discretionary spending, a move that dented its full-year forecast...
Merck & Co. (MRK) Halts Gardasil Sales in China, Dragging on …
Feb 4, 2025 · Merck & Co. shares tumbled after the company halted shipments to China of its cancer-preventing Gardasil vaccine, a dramatic escalation to the company’s problems in the country that threatens ...
Merck shares tumble as company pauses Gardasil shipments to China
Feb 4, 2025 · China is the largest market for Gardasil outside of the U.S., accounting for 60% to 70% of overseas sales. Executives, however, remained optimistic about re-establishing growth in China. “China still represents a significant long-term opportunity for Gardasil given the large number of females, and now males with our recent approval, that are ...
Merck stops Gardasil shipments to China, hitting 2025 outlook; …
Feb 4, 2025 · Gardasil, which prevents cancers caused by the human papillomavirus (HPV), has been one of Merck's top growth drivers aside from Keytruda, and much of its international growth had come from China ...
Merck shares plunge as company pauses Gardasil vaccine …
The low end of Merck's revenue guidance assumes no further shipments in China, and less than $1 billion in sales at the high end. Merck CEO Robert Davis said on an earnings call that Gardasil ...
Merck’s Gardasil Halt Shows Blockbuster Shots’ Dilemma in China
6 days ago · Merck & Co.’s blockbuster vaccine Gardasil has had a roller-coaster ride in China. A post-Covid surge in demand for the cancer-preventing shot quickly deflated last year, to the point the US ...
Merck Halts China Gardasil Shipments, Boosting Investor Pain
Feb 4, 2025 · Merck & Co. shares tumbled after the company halted shipments to China of its cancer-preventing Gardasil vaccine, a dramatic escalation to the company’s problems in the country that threatens the future of a blockbuster product.
Gardasil's troubles in China haunt Merck in Q3 - fiercepharma.com
Oct 31, 2024 · Worldwide, the company’s Gardasil franchise saw sales (PDF) slide 11% compared with last year to $2.3 billion. Merck attributed the decline to lower demand in China, which offset double-digit...
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