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Merck Slips 2.77% in Three Days Despite $718 Million Trading Volume Ranking 98th

Market BriefMonday, May 5, 2025 8:36 pm ET
1min read

On May 5, 2025, merck & co., Inc. (MRK) experienced a decline of 0.41%, marking its third consecutive day of losses, with a total decrease of 2.77% over the past three days. The trading volume for the day was $718 million, placing it at the 98th position in terms of daily trading volume.

Merck has announced a significant investment of $1 billion to construct a new biologic drugs manufacturing facility in Wilmington, Delaware. This strategic move aims to ensure a stable domestic supply of biologic drugs, which are crucial for the company's portfolio. The new facility, known as the Biologics Center of Excellence, is expected to enhance Merck's production capabilities and strengthen its position in the biopharmaceutical market.

In addition to its manufacturing expansion, merck has reported strong financial performance for the first quarter of 2025. The company's Q1 2025 financial results reflect robust growth, driven by the demand for its innovative portfolio, including KEYTRUDA® (pembrolizumab). The drug has shown significant improvements in event-free survival when used as a perioperative treatment with standard of care adjuvant therapy in patients with resectable locally advanced head and neck squamous cell carcinoma.

Merck's commitment to innovation and its science-led strategy continue to drive long-term value for patients, employees, and shareholders. The company's pipeline, which includes over 80 Phase II programs, 30 Phase III programs, and 10 programs under review, demonstrates its relentless pursuit of the next breakthrough in healthcare. Merck's leadership and deep bench of talent are crucial in executing its innovation strategy and delivering strong financial results.

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