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MRK Merck and Co Inc

131.15
0.43 (0.33%)
27 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Merck and Co Inc NYSE:MRK NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.43 0.33% 131.15 131.91 130.13 130.13 7,757,432 01:00:00

Lava Therapeutics Shares Rise as Drug Set for Test With Merck's Keytruda

25/01/2024 1:07pm

Dow Jones News


Merck (NYSE:MRK)
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From Oct 2023 to Apr 2024

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By Rob Curran

 

Lava Therapeutics shares surged after the biotech company said one of its product candidates would be tested on prostate-cancer patients in combination with Merck's blockbuster Keytruda drug.

The Dutch biopharmaceutical firm said the LAVA-1207 drug will be tested in combination with Keytruda on patients with therapy refractory metastatic castration-resistant prostate cancer, a particularly severe form of the disease.

Like Keytruda, Lava's suite of Gammabody drugs use an immunotherapy approach to target cancer cells. Merck will supply the Keytruda doses for patients in Lava's ongoing early-stage Phase 1/2a clinical trial of LAVA-1207, with the combination set to begin in the first half of this year.

Shares of Lava rose 32% to $2.06.

 

Write to Rob Curran at rob.curran@dowjones.com

 

(END) Dow Jones Newswires

January 25, 2024 07:52 ET (12:52 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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