Clinical Trials And ApprovalsCompetitor Summit Therapeutics presented detailed data from their HARMONi-2 Phase 3 trial in PD-L1 positive NSCLC showing a statistically significant median PFS benefit compared to MRK's Keytruda.
Financial PerformanceGardasil remains a concern with revenues -10% vs. consensus, likely continued to be impacted by problems in China.
Product CompetitionA local competitor is poised to launch their own 9-valent option in China next year, potentially impacting Merck's market share.