How Much Can Merck's Share Price Grow If Keytruda Gets 10% Share Of Oncology Drug Market? [Forbes]
Merck & Company, Inc. (new) (MRK)
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Source: Forbes
How Much Can Merck's Share Price Grow If Keytruda Gets 10% Share Of Oncology Drug Market? This May 1, 2018 file photo shows Merck corporate headquarters in Kenilworth, N.J. (AP Photo/Seth Wenig, File) Merck’s $16 billion What’s The Upside For Merck If Keytruda Garners An Additional 5% Share of The Oncology Drug Market By 2026? Data How Big Is The Global Oncology Drug Market? Trefis The global oncology drug market was valued at around $77 billion in 2018, and it is estimated to grow at a CAGR of 12.3% How Much Can Keytruda Sales Grow? Keytruda is the market leader in the immuno-oncology space, and it now has 15 approvals 51% reduction Given its benefits, expansion of the overall market, and if the drug is able to secure further approvals for other indications, it could garner an incremental 5% share of the global oncology drug market. Note that Keytruda is currently being tested under 9 programs in its phase three trials, including gastric, liver, and breast cancer indications. Any fr
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