|Day's Range||140.47 - 141.18|
|52 Week Range||120.38 - 141.68|
|PE Ratio (TTM)||58.36|
|Expense Ratio (net)||0.10%|
The US medical device industry is a global leader. Its market was valued at ~$140 billion for 2016. It represents ~45% of the global market.
The US economy is dealing with rising healthcare costs. The national healthcare expenditure grew 5.8% to $3.2 trillion in 2015 or $9,990 per person.
Keytruda was launched by Merck in 4Q14 and reported global sales of $584.0 million in 1Q17. That was a 134.0% growth compared to $249.0 million in 1Q16.