What Was The Reason For The Merck & Co’s Fall?

From the beginning of COVID-19 pandemic, the company that produces vaccine has gained significant profit it. The name of one such company is Merck & Co. During the last trading session, the price indicators of the company have decreased by 1% after the claim made by the doctor that Merck’s new COVID-19 pill is not a replacement for the vaccine.

Moreover, Merck has reported strong data from trials of its investigational covid pill. As most of the pharma companies offer vaccines there hasn’t been a pill option that people can take on their own. The pill made by Merck could be a game-changing moment for the pharma industry. That’s because the pill could be taken outside of the medical administrations and people will probably prefer to take a pill rather than a vaccine. Furthermore, pills could stop the illness before it causes damage.