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Investors File Class Action Lawsuit Against Merck & Co. Over Misleading Gardasil Revenue Claims Amid Declining Sales in China
Wednesday
26 February, 2025
Merck & Co. is under fire as investors file a class action lawsuit, alleging misleading revenue claims for the Gardasil vaccine amid declining sales in China. With stock prices plummeting and legal scrutiny intensifying, how will this impact the future of one of the pharmaceutical industry's giants?
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Key Takeaways
- Merck & Co. boasts a robust lineup of pharmaceutical offerings and has historically weathered market volatility effectively.
- Current issues with the Gardasil vaccine and legal challenges are seen as temporary hurdles.
- The ongoing class action lawsuit could facilitate improvements in inventory and supply management.
- A strong emphasis on research and development may yield significant advancements, enhancing growth prospects.
- Investors might benefit from current stock price reductions, positioning for potential future gains.
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