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Stock impact report

JPM26: MSD homes in on derisking strategy amid Keytruda patent cliff [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
Morgan Healthcare Conference in San Francisco. In a presentation at the event, Davis painted a positive picture for the MSD's near-term success, noting that the company's plans to home in on the development of its late-stage pipeline, while adding that “value-adding transactions” could offer it a $70bn commercial growth opportunity. MSD's strategic ploy comes amid the looming patent cliff facing its immune checkpoint inhibitor, Keytruda (pembrolizumab), which became the best-selling drug on the market in 2024 after bringing in $29.5bn for the company. While GlobalData forecasts that Keytruda sales will continue to grow for the next couple of years – making $35.5bn for the company in 2027 – global patents covering the drug's market exclusivity are set to expire in 2028. This will likely result in significant losses for MSD, as Keytruda accounted for around 46% of the company's sales in 2024. GlobalData predicts sales of the drug in 2031 to drop to $19bn. To offset this impact, Show less Read more
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