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0.00260905865163849 0.00318305155499888 0.00104362346065534 -0.00200897516176174 -0.00313087038196616 -0.00182634105614691 0.00240033395950745 -0.00208724692131082
Stock impact report

MSD's 2026 sales forecast falls short amid patent losses despite strong Q4 [Yahoo! Finance]

Revolution Medicines, Inc. (RVMD) 
Company Research Source: Yahoo! Finance
MSD reported Q4 global sales of $16.4bn, a 5% increase from the same period in 2024. Full-year sales in 2025 grew 1% to reach $65bn. While year-end results outperformed consensus analyst expectations, investor buoyancy was overshadowed by the 2026 sales forecast. The big pharma company anticipates global sales of between $65.5bn and $67bn. The higher end of this range falls short of the average analyst estimate of $67.6bn, as per LSEG data. As has been the case for recent years, cancer blockbuster Keytruda (pembrolizumab) was the top-performing drug in the big pharma company's portfolio. The immunotherapy reached $31.7bn in global sales, driving much of the company's higher-than-expected 2025 performance, especially its strong Q4. Keytruda is one of MSD's products facing loss of exclusivity later this decade , while type 2 diabetes drugs Januvia (sitagliptin) and neuromuscular blockage Bridion (sugammadex) lose patent protection in 2026. Eyes have therefore been firmly on the c Show less Read more
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