On Monday, Merck & Co Inc MRK revealed topline results from the Phase 3 ZENITH study evaluating Winrevair (sotatercept-csrk) in adults with pulmonary arterial hypertension (PAH, WHO Group 1) functional class (FC) III or IV at high risk of mortality. PAH is high blood pressure in pulmonary arteries, which carry oxygen-poor blood from the heart to the lungs. ZENITH met its primary endpoint of time to first morbidity or mortality event (all-cause death, lung transplantation, or PAH worsening-related hospitaliz ...

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Merck (MRK) stock closed at $97.44 on Wednesday, which is close to its 52-week low of $94.48. The company is facing several headwinds like declining sales of the second-largest product, the human papillomavirus (HPV) vaccine, Gardasil in China, weakness in the diabetes franchise and generic erosion of some drugs. There are concerns about the firm's ability to grow its non-oncology business ahead of the loss of exclusivity of its largest drug, Keytruda, later in the decade. To top that, the drug and biotech ...

Merck & Co., Inc. (NYSE:MRK) Jefferies London Healthcare Conference November 21, 2024 6:30 AM ET Corporate Participants Joe Romanelli - President, Human Health International Marjorie Green - SVP and Head of Oncology, Global Clinical Development, Merck Research Laboratories Conference Call Participants Akash Tewari - Jefferies Akash Tewari Good morning, everyone Day 3. We're at the end of it. We've dealt through rainy weather, some crowded spaces, but also I hope some good memories. I really do appreciate ev ...

Merck & Co., Inc. (NYSE:MRK) Jefferies London Healthcare Conference November 21, 2024 6:30 AM ET Corporate Participants Joe Romanelli - President, Human Health International Marjorie Green - SVP and Head of Oncology, Global Clinical Development, Merck Research Laboratories Conference Call Participants Akash Tewari - Jefferies Akash Tewari Good morning, everyone Day 3. We're at the end of it. We've dealt through rainy weather, some crowded spaces, but also I hope some good memories. I really do appreciate ev ...

Every company faces challenges. Sometimes, those issues are deeply damaging to a corporation's investment thesis. Other times, though, that's not the case, and the price drop represents a great buying opportunity for long-term investors. There are always companies in the second category on the market; it's just a matter of finding them. For those looking for great candidates, here are two in the healthcare sector: Merck (MRK 0.93%) and Pfizer (PFE -0.64%). Neither has performed well this year, but both coul ...

On October 31, Merck (NYSE: MRK ) released its financial results for the third quarter of 2024 , which demonstrated many positive aspects, as well as some of the difficulties that its CEO Robert Davis has to face, which I will also drawWith over two decades of dedicated experience in investment, Allka Research has been a guiding force for individuals seeking lucrative opportunities. Its conservative approach sets it apart, consistently unearthing undervalued assets within the realms of ETFs, commodities, te ...

Merck (MRK) announced that the European Medicines Agency’s (EMA) Committee for Medicinal Products for Human Use (CHMP) has rendered a positive opinion, recommending the approval of its blockbuster anti-PD-1 therapy, Keytruda (pembrolizumab), for a new indication.The CHMP has now recommended marketing approval of Keytruda in combination with chemotherapy (pemetrexed and platinum chemotherapy) for the first-line treatment of adult patients with unresectable non-epithelioid malignant pleural mesothelioma (MPM) ...

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Merck (MRK) announced that it has entered into an exclusive licensing deal with China-based privately-held biotech company LaNova Medicines for the latter’s PD-1xVEGF targeting bispecific antibody candidate, LM-299.Per the terms of the deal, Merck will acquire the global rights to develop and market LM-299. In return, LaNova will receive an upfront cash payment of $588 million. In addition, Merck will have to pay up to $2.7 billion in milestone payments to LaNova.The deal is expected to be closed by the end ...