Merck’s Keytruda, supported by new indications and the upcoming 20-year monopoly of KEYTRUDA QLEX, is expected to maintain strong revenue despite patent expiry risks. The company also benefits from high single-digit growth in Animal Health/Livestock and triple-digit growth from Winrevair. With a healthy balance sheet, secure dividends, and a reasonable valuation, a pullback to $100-$110 or 50-DMA levels is suggested as an opportune buying point.
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Merck: Keytruda Remains Resilient Despite LOE Risks - Buy Upon Correction (NYSE:MRK)
Merck’s Keytruda, supported by new indications and the upcoming 20-year monopoly of KEYTRUDA QLEX, is expected to maintain strong revenue despite patent expiry risks. The company also benefits from high single-digit growth in Animal Health/Livestock and triple-digit growth from Winrevair. With a healthy balance sheet, secure dividends, and a reasonable valuation, a pullback to $100-$110 or 50-DMA levels is suggested as an opportune buying point.