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Merck Targets $70 Billion Revenue by mid-2030s to Counter Keytruda Patent Cliff

2 min readSource

Merck (MSD) announced a revenue target of $70 billion by the mid-2030s, driven by new growth opportunities and a diversified pipeline to offset Keytruda's patent expiration.

$70 billion—that's the massive revenue milestone Merck plans to hit by the mid-2030s. As reported by Reuters, the pharmaceutical giant is betting on new growth opportunities to diversify its portfolio and sustain momentum as it faces the eventual loss of exclusivity for its top-selling drug.

Strategic Roadmap for Merck 70 Billion Revenue Target 2035

Merck's ambitious outlook comes at a critical juncture. The company's blockbuster immunotherapy, Keytruda, currently generates a significant portion of its total sales but will begin losing patent protection later this decade. To bridge the gap, Merck is aggressively expanding into oncology, immunology, and vaccines.

  • Cardiovascular Growth: Expected to contribute over $15 billion in revenue by the early 2030s
  • Pipeline Expansion: Accelerating R&D in ADC (Antibody-Drug Conjugates) and next-gen vaccines.
  • M&A Activity: Continued focus on acquiring biotech firms with high-potential late-stage assets.

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