默沙东2025：K药316亿美元创新高，多元管线撑起下一个周期

医药魔方Info02-03

2月3日，默沙东发布2025年财报，全年总收入达650.11亿美元，同比增长1%。制药业务全年收入581.42亿美元（+1%），研发总投入为157.89亿美元（-12%）。中国市场收入为18.16亿美元（-66%），这主要受到了GARDASIL（HPV疫苗）市场需求下降的影响。Keytruda（帕博利珠单抗）作为默沙东的王牌产品，在2025年继续展现出强大的市场统治力，全年销售额达到316.80...

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