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Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of April 14, 2025 in Merck Lawsuit – MRK
GlobeNewswire News Room· 2025-04-01 17:31
Core Viewpoint - A class action securities lawsuit has been filed against Merck & Co., Inc. due to alleged securities fraud that affected investors between February 3, 2022, and February 3, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit aims to recover losses for Merck investors who were impacted by misleading information regarding expected revenue of $11 billion from Gardasil sales by 2030 [2]. - Defendants expressed confidence in Merck's ability to drive demand for Gardasil through consumer education efforts, which led to optimistic forecasts for its growth in China [2]. - On February 4, 2025, Merck announced it would not meet the projected $11 billion in sales due to ceasing shipments to China, resulting in a significant stock price drop from $99.79 to $90.74, a decline of over 9% in one day [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until April 14, 2025, to request appointment as lead plaintiff, although participation does not require this role [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [3]. Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions for shareholders and is recognized as one of the top securities litigation firms in the U.S. [4].
Merck & Co., Inc. Sued for Securities Law Violations - Contact The Gross Law Firm Before April 14, 2025 to Discuss Your Rights – MRK
GlobeNewswire News Room· 2025-03-31 17:13
https://securitiesclasslaw.com/securities/merck-co-inc-loss-submission-form/?id=139441&from=3 NEW YORK, March 31, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Merck & Co., Inc. (NYSE: MRK). Shareholders who purchased shares of MRK during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: NEXT STEPS FOR SHAREHOLDERS: On ...
Lost Money on Merck & Co., Inc.(MRK)? Join Class Action Suit Seeking Recovery - Contact The Gross Law Firm
Prnewswire· 2025-03-31 09:45
NEW YORK, March 31, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Merck & Co., Inc. (NYSE: MRK). CONTACT US HERE: Shareholders who purchased shares of MRK during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CLASS PERIOD: February 3, 2022 to February 3, 2025 ALLEGATIONS: According to the complaint, defendants provided investors with ma ...
Lost Money on Merck & Co., Inc.(MRK)? Join Class Action Suit Seeking Recovery - Contact Levi & Korsinsky
Prnewswire· 2025-03-28 09:45
Core Viewpoint - A class action securities lawsuit has been filed against Merck & Co., Inc. for alleged securities fraud affecting investors between February 3, 2022, and February 3, 2025 [1][2] Summary by Sections Class Action Details - The lawsuit aims to recover losses for Merck investors who were impacted by the alleged fraud during the specified period [1] - The complaint highlights that Merck had projected $11 billion in revenue from Gardasil sales by 2030, supported by optimistic forecasts regarding consumer demand and vaccination efforts in China [2] Recent Developments - On February 4, 2025, Merck announced it would not meet the previously forecasted $11 billion in Gardasil sales by 2030, citing a halt in shipments to China to reduce inventory due to lower-than-expected demand [2] - Following this announcement, Merck's stock price dropped from $99.79 per share on February 3, 2025, to $90.74 per share on February 4, 2025, marking a decline of over 9% in one day [2] Next Steps for Investors - Investors who suffered losses during the relevant timeframe have until April 14, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require serving as lead plaintiff [3] - Class members may be entitled to compensation without incurring any out-of-pocket costs or fees [3] Firm Background - Levi & Korsinsky, LLP has a history of securing significant settlements for shareholders and is recognized as one of the top securities litigation firms in the United States [4]
Merck & Co., Inc. Investors: Please contact the Portnoy Law Firm to recover your losses. April 14, 2025 Deadline to file Lead Plaintiff Motion.
GlobeNewswire News Room· 2025-03-27 23:52
Core Viewpoint - Merck & Co., Inc. is facing a class action lawsuit from investors due to a significant drop in stock price following the company's announcement that it would not meet its projected $11 billion revenue from Gardasil sales by 2030 [1][4]. Group 1: Class Action Details - The class action represents investors who purchased Merck securities between February 3, 2022, and February 3, 2025, with a deadline to file a lead plaintiff motion by April 14, 2025 [1]. - Investors are encouraged to contact the Portnoy Law Firm for a complimentary case evaluation and to discuss their legal rights [2]. Group 2: Financial Projections and Impact - The complaint highlights that Merck had projected $11 billion in revenue from Gardasil sales by 2030, supported by optimistic forecasts regarding demand in China [3]. - On February 4, 2025, Merck announced it would halt Gardasil shipments to China, leading to a stock price drop from $99.79 to $90.74 per share, a decline of over 9% in one day [4].
Investors who lost money on Merck & Co., Inc. (MRK) should contact Levi & Korsinsky about pending Class Action - MRK
GlobeNewswire News Room· 2025-03-27 16:53
Core Viewpoint - A class action securities lawsuit has been filed against Merck & Co., Inc. due to alleged securities fraud impacting investors between February 3, 2022, and February 3, 2025 [1] Group 1: Lawsuit Details - The lawsuit aims to recover losses for investors affected by misleading information regarding Merck's expected revenue of $11 billion from Gardasil sales by 2030 [2] - The complaint highlights that Merck's optimistic forecasts for Gardasil's growth in China were based on claims of successful consumer activation and education efforts [2] - On February 4, 2025, Merck announced it would not meet the projected $11 billion in sales, ceasing shipments to China to reduce inventory due to lower-than-expected demand [2] Group 2: Stock Impact - Following the announcement on February 4, 2025, Merck's stock price dropped from $99.79 to $90.74, a decline of over 9% in one day [2] Group 3: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until April 14, 2025, to request appointment as lead plaintiff, although participation does not require this role [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees [3] Group 4: Firm Background - Levi & Korsinsky has a history of securing significant settlements for shareholders and is recognized as one of the top securities litigation firms in the U.S. [4]
ROSEN, LEADING TRIAL ATTORNEYS, Encourages Merck & Co., Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – MRK
GlobeNewswire News Room· 2025-03-27 16:50
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Merck & Co., Inc. securities between February 3, 2022, and February 3, 2025, about the April 14, 2025, deadline to become a lead plaintiff in a class action lawsuit [1]. Group 1: Class Action Details - Investors who purchased Merck securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by April 14, 2025 [2]. - The Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions [3]. Group 2: Case Background - The lawsuit alleges that throughout the Class Period, Merck provided misleading information regarding expected revenue of $11 billion from Gardasil sales by 2030, while concealing adverse facts about demand visibility in China [4]. - Defendants reportedly made overly optimistic statements about Gardasil's growth potential in China, despite lacking insight into actual demand among targeted populations, leading to inflated inventory levels [4].
Merck Gets EC Nod for 21-Valent Pneumococcal Jab Capvaxive
ZACKS· 2025-03-27 16:36
Group 1: Merck's Capvaxive Approval - The European Commission has approved Merck's 21-valent pneumococcal conjugate vaccine, Capvaxive, for the prevention of invasive pneumococcal disease and pneumococcal pneumonia in individuals aged 18 years and above [1][2] - Capvaxive targets serotypes responsible for approximately 84% of all invasive pneumococcal diseases in older adults in the United States, including eight serotypes not covered by currently licensed vaccines [2][3] - The approval was based on safety and immunogenicity data from the STRIDE clinical program, including phase III studies comparing Capvaxive to PCV20 [3][4] Group 2: Market Context and Competitors - Year to date, Merck's shares have decreased by 11.5%, while the industry has seen a rise of 4.4% [2] - Pfizer is a key competitor in the pneumococcal conjugate vaccine space, marketing Prevnar 20 and Prevnar 13, which generated $6.4 billion in combined sales in 2024 [5][7] - Sanofi has expanded its collaboration with SK bioscience to develop next-generation pneumococcal conjugate vaccines, including a 21-valent PCV for pediatric populations [8][9] - Vaxcyte is developing a 31-valent PCV, VAX-31, which is in mid-to-late-stage studies for preventing invasive pneumococcal disease in both pediatric and adult populations [10]
Is Merck Stock a Bargain Buy?
The Motley Fool· 2025-03-27 12:30
Core Viewpoint - Merck is facing challenges with its leading drug Keytruda due to future patent losses, yet the company is experiencing revenue growth and exploring new opportunities for expansion [1][9]. Financial Performance - In the last quarter of 2024, Merck reported a 9% revenue growth, reaching $15.6 billion, with Keytruda contributing $7.8 billion and achieving an organic growth rate of 21% [2]. - Keytruda accounted for 50% of Merck's sales last quarter, highlighting its significant role in the company's revenue [3]. Product Pipeline and Future Potential - Merck is developing a subcutaneous version of Keytruda, which could extend patent protection until 2040, potentially mitigating revenue loss from the original drug [3]. - The company has other promising products, including Gardasil, which could generate $11 billion by 2030, despite recent underwhelming demand [6]. - Winrevair, approved for pulmonary arterial hypertension, is projected to generate $6 billion by 2029, with a peak potential of $11 billion, indicating strong future growth prospects [7]. - Merck has secured rights to an experimental weight loss drug, which could tap into a massive market projected to exceed $100 billion, representing a long-term growth opportunity [8]. Investment Consideration - Merck's stock is currently trading at a modest 14 times its trailing earnings, suggesting a good margin of safety for investors [10]. - Despite concerns surrounding Keytruda and Gardasil, management's proactive strategies and the promising product pipeline may present a compelling investment opportunity [9][10].
Faruqi & Faruqi Reminds Merck Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of April 14, 2025 - MRK
GlobeNewswire News Room· 2025-03-26 19:31
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Merck & Co., Inc. related to misleading statements about Gardasil sales and is encouraging affected investors to participate in a federal securities class action [2][4]. Group 1: Legal Investigation and Class Action - The law firm is urging investors who suffered losses exceeding $100,000 in Merck between February 3, 2022, and February 3, 2025, to contact them for legal options [1]. - There is an April 14, 2025, deadline for investors to seek the role of lead plaintiff in the class action against Merck [2]. - The complaint alleges that Merck and its executives violated federal securities laws by making false statements regarding Gardasil's expected revenue and demand in China [4]. Group 2: Financial Performance and Market Reaction - Merck reported a 3% decline in GARDASIL/GARDASIL 9 sales, totaling $8.6 billion for the fourth quarter and full year of 2024 [5]. - Following the announcement of the sales decline and a decision to pause shipments of Gardasil into China, Merck's stock price dropped by $9.05 per share, or 9.1%, closing at $90.74 on February 4, 2025 [6].