The healthcare industry encompasses a broad range of services and sectors dedicated to the maintenance or improvement of health. This industry includes a variety of entities such as hospitals, clinics, nursing homes, pharmaceutical companies, biotechnology firms, and health insurance providers. The primary goal of the healthcare industry is to deliver medical care and services to individuals and populations, addressing health needs through preventive, diagnostic, therapeutic, and rehabilitative means. It involves various professionals, including doctors, nurses, pharmacists, and allied health staff, who work together to provide comprehensive care. Additionally, the healthcare industry plays a vital role in research and development, contributing to medical advancements, innovations in treatments, and the improvement of healthcare delivery. The industry’s structure varies by country, influenced by governmental regulations, policies, and economic factors that shape how healthcare is financed and administered. Overall, the healthcare industry is essential for promoting public health and addressing health challenges in society.
Merck's stock dropped by 10% due to disappointing forecasts and declining sales. Adjusted EPS for 2025 projected between $8.88 and $9.03, below the expected $9.13. Revenue forecast of $64.1 billion…