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Investors hammered Merck stock Tuesday after the company beat fourth-quarter expectations, but delivered a light 2025 outlook.
Merck's 2025 revenue forecast fell short of Wall Street expectations, following the company's decision to temporarily halt shipments of its cancer vaccine, Gardasil, to China, CNBC reported Feb. 4.
Merck is hoping that Gardasil's expanded approval for men ages 9 to 26 in China will eventually help boost uptake of the shot. "We believe China still represents a significant long-term ...
The drugmaker plans to temporarily pause shipments of its Gardasil vaccine to China at least ... adjusted earnings to range between $8.88 and $9.03 per share on $64.1 billion to $65.6 billion ...