China HPV Demand Shaping Merck But Competitors Catching Up

Local Nine-Valent Options In Wings

Multiple factors were behind Merck & Co’s rise to ace AstraZeneca and others to become the leading pharma multinational in the world’s second-largest pharma market in 2023, including partnerships and competition and a strong position in the growing HPV vaccine sector.

Multi-nationals are set to lose market share in insulin to Chinese competitors in China.
China HPV race shapes Merck, leaves competitors lag behind • Source: Alamy

US drug maker Merck & Co., Inc. (MSD outside North America) is known for its best-selling immuno-oncology agents and vaccines and delivered a high-flying performance in China last year, despite rising local competition.

In 2023, one product shone for the company - not an anti-infective, not its blockbuster cancer drug Keytruda (pembrolizumab), but...

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