Merck's HPV Vaccine Gains Ground in China
U.S. drugmaker Merck & Co has received approval in China for its HPV vaccine's use in males, expanding its market reach despite earlier weak sales in the region. This move marks a potential growth opportunity as Gardasil has been key to Merck's market strategy alongside cancer treatment Keytruda.
In a strategic move, U.S. pharmaceutical giant Merck & Co announced that its human papillomavirus (HPV) vaccine, Gardasil, has secured approval from China's medical products administration for use in males aged 9-26 years.
This development comes after Merck reported sluggish Gardasil sales in China, projecting such trends may persist until 2025 due to lackluster demand among women. The latest approval could signal a turning point for the company in a crucial market.
Gardasil, a top performer for Merck alongside the cancer-fighting drug Keytruda, has been pivotal in the company's international growth strategy, particularly within China.
(With inputs from agencies.)
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