Merck 2025 sales forecast underwhelms as it pauses Gardasil sales in China
Shares of Merck slid Tuesday after the drugmaker surprised Wall Street with a lower-than-expected 2025 sales forecast due partly to a pause in shipments of one of its top-selling products to China. The drugmaker plans to temporarily pause shipments of its Gardasil vaccine to China at least through the middle of the year.