CLAIM #43612 · Merck & Company Inc (MRK) · 2025Q3 earnings call · Oct 30, 2025 · due Dec 31, 2026
“Overall, we expect modest growth for GARDASIL in the near term.”
Caroline Litchfield · CFO
How to check this claim
Look at: GARDASIL global sales growth rate (YoY), near-term (fiscal 2026)
It came true if: Full-year 2026 GARDASIL revenue growth between 0% and 10% YoY (modest positive growth)
Where: Company quarterly/annual revenue disclosures by product (10-K/10-Q or earnings press release, GARDASIL segment)
In context
“he impact of China as well as the reduction in the cohort for the catch-up in Japan as we go through 2026. So we look forward to protecting more people around the world. What we're seeing in countries outside of the United States, some of the public programs have really reached maturity. So we expect a routine cohort to be vaccinated each and every year. The private market is a great opportunity for growth for us. And that's really in the mid-adult segment, age 27 through 45, where we're creating the system to enable people to get vaccinated in many countries around the world. And it's also in some countries in the broad age cohort. So we will be working to activate that cohort. It does take time, but we'll be activating that cohort to drive growth in the private segment as we go forward. Overall, we expect modest growth for GARDASIL in the near term. Operator: Our next question comes from Luisa Hector with Berenberg. Luisa Hector: Just back to KEYTRUDA. Could you just update us on your latest expectations for conversion from IV to subcutaneous and the kind of pace that we could expect? And with that in mind, Caroline, you made a comment on KEYTRUDA growth at a slower pace for '26. So just to check whether that is the overall franchise or IV only? And will you report the sales separately? Robert Davis: Yes. Luisa, this is Rob. I'll maybe start and then Caroline can address the last part of your question. So if you look at expectations for QLEX, as we've said, it's early in the launch, but everything appears to be on track. And there's no changes to what we previously communicated. We continue to expect that we're going to achieve 30% t”
Verify independently
SEC filings for MRK ↗ · Claim quote is verbatim from the 2025Q3 earnings call.