Merck shares fall after drop in China HPV vaccine sales

Merck shares fall after drop in China HPV vaccine sales

Shares of Merck fell 9% Tuesday after the company reported that in the second quarter, it saw a decrease in shipments of its HPV vaccine Gardasil in China, a significant market for the drug.

The company brought in $2.48 billion in sales of Gardasil in the second quarter, slightly lower than…

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