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Stock impact report

Biotech Bill Bundled in Pentagon Spending Plan May Worsen Pharma's Patent Cliff Dilemma [Yahoo! Finance]

Merck & Company, Inc. (new) (MRK) 
Last merck & company, inc. (new) earnings: 4/28 06:45 am Check Earnings Report
US:NYSE Investor Relations: investors.merck.com/home/default.aspx
Company Research Source: Yahoo! Finance
Last week, the US House overwhelmingly voted in favor of Congress's mammoth annual defense policy bill, which would authorize $900 billion in military funding. Inside the omnibus package was the Biosecure Act, a piece of legislation targeting Chinese biotechs that could have unintended consequences. SUBSCRIBE: Receive more of our free The Daily Upside newsletter. READ ALSO: JetBlue Courts First-Class Clientele With Pre-Flight Upgrade and Nvidia H200 Exports Boost Odds of a World That ‘Runs on Chinese AI' The next few years of projected revenues in the pharma space have more holes in them than industry CEOs' favorite golf courses. Intelligence provider Evaluate forecasts $314 billion in sales will be impacted in the next five years by patent cliffs, industry jargon for when drugmakers lose exclusivity on their products. Take, for example, Merck's Keytruda, the world's best-selling cancer drug that made $29 billion last year, with a patent expiration in 2028. At the same time, year Show less Read more
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