Merck Exec Says Activity In HPV Vaccination Has Been Impacted By China's Anti-Bribery And Anti-Corruption Drive, Which Started Last Year
Portfolio Pulse from Benzinga Newsdesk
Merck's HPV vaccination activities have been impacted by China's anti-bribery and anti-corruption drive, which started last year.
July 30, 2024 | 1:43 pm
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Merck's HPV vaccination activities have been negatively impacted by China's anti-bribery and anti-corruption drive, which started last year. This could affect Merck's revenue from the Chinese market.
The anti-bribery and anti-corruption drive in China has created a challenging environment for Merck's HPV vaccination activities. This could lead to a decrease in revenue from the Chinese market, negatively impacting Merck's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100