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Investors File Class Action Lawsuit Against Merck & Co. Over Alleged Misleading Information on Gardasil Vaccine Revenue
Wednesday
19 February, 2025
Merck & Co. is facing a class action lawsuit from investors alleging misleading information about Gardasil vaccine revenues, particularly concerning demand in China. With stock prices dropping over 9% following recent shipment suspensions, can the company regain investor trust amidst these challenges?
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Key Takeaways
- Merck & Co. holds a strong market position, particularly with its Gardasil vaccine, despite facing legal challenges.
- Addressing the inventory issues in China could restore investor confidence and improve stock performance.
- The ongoing class action lawsuit may allow Merck to clarify its strategy and enhance transparency.
- A promising pipeline of innovative drugs suggests potential for substantial revenue growth in the future.
- Investing in Merck may appeal to those prepared to handle short-term market fluctuations.
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