MSD shares sink 11% after vaccine shipments to China are halted

Pfizer News

MSD shares sink 11% after vaccine shipments to China are halted
MerckMsdCovid-19
  • 📰 IrishTimesBiz
  • ⏱ Reading Time:
  • 33 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 37%
  • Publisher: 77%

Drugmaker pauses HPV Gardasil exports as rival Pfizer gets boost from better than expected Covid vaccine and pill sales

Drugmaker pauses Gardasil exports as rival Pfizer gets boost from better-than-expected Covid vaccine and pill sales

MSD blamed the lower-than-expected forecast on the decision to pause shipments of its Gardasil vaccine to China until at least midyear. Gardasil is given to patients to prevent human papillomavirus , which is linked with cervical cancer. The pause on shipments “will facilitate a more rapid reduction of excess inventory and help support the financial position of its important and trusted partner”, MSD said in a statement.

The sales growth in newly-launched hypertension drug Winrevair, which MSD acquired in 2021 in an $11.5 billion acquisition, was also more tepid than expected, generating just under $420 million last year.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

IrishTimesBiz /  🏆 6. in İE

Merck Msd Covid-19 Vaccine Hpv-Vaccine Robert-F-Kennedy-Jr

Ireland Latest News, Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

MSD Buys Dundalk Vaccine Plant for €500 Million, Adding 1,000 JobsMSD Buys Dundalk Vaccine Plant for €500 Million, Adding 1,000 JobsMSD, a pharmaceutical giant, is acquiring the Dundalk-based vaccines plant from Chinese competitor Wuxi for €500 million. This move will add 150 new jobs to the site, bringing MSD's total employment in Ireland to over 3,000 across eight locations.
Read more »

Coronation Street Star Shelley King Quits After 11 YearsCoronation Street Star Shelley King Quits After 11 YearsActress Shelley King, best known for her role as Yasmeen Metcalfe, has left Coronation Street after 11 years. King filmed her final scenes in December and her exit storyline is set to air in March. The actress is reportedly leaving to explore other projects.
Read more »

Coronation Street viewers say same thing as fan favourite quits after 11 yearsCoronation Street viewers say same thing as fan favourite quits after 11 yearsYasmeen Metcalfe is waving goodbye to the cobbles later this year and, according to reports, Shelley King has already filmed her final scenes which will air this spring
Read more »

Coronation Street star Shelley King quits soap after 11 yearsCoronation Street star Shelley King quits soap after 11 yearsShelley King, 69, who played Yasmeen Nazir for 11 years, is leaving Coronation Street later this year. She is believed to have already finished filming and will depart the soap after her final scenes air in March. King's exit follows other high-profile cast members who are leaving amid reports of the soap's budget struggles.
Read more »

Exemptions from learning Irish increase by 11% since 1999Exemptions from learning Irish increase by 11% since 1999Since 1999, there has been an 11% increase in the number of exemptions provided to post-primary schools from learning Irish.
Read more »

Republic of Ireland’s 11 billionaires saw their wealth grow by €13bn in 2024Republic of Ireland’s 11 billionaires saw their wealth grow by €13bn in 2024Total Irish billionaire wealth at more than €50bn last year, says Oxfam Ireland
Read more »



Render Time: 2025-02-12 21:19:34