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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 | |
---|---|---|---|---|---|---|---|---|
0.36 | 0.27% | 132.09 | 756 | 11:35:48 |
By Colin Kellaher
Merck & Co. on Tuesday said the U.S. Food and Drug Administration granted priority review for a new supplemental biologics license application for its cancer drug Keytruda based on a biomarker, regardless of tumor type.
The Kenilworth, N.J., drug maker said the application seeks accelerated approval of Keytruda monotherapy in patients whose tumors are tumor mutational burden-high and who have progressed following prior treatment.
The FDA grants priority review to medicines that have the potential to provide significant improvements in the treatment of a serious disease, and the designation shortens the review period to six months from the standard 10 months. Merck said the agency set a target action date of June 16 for the application.
The FDA in 2017 approved Keytruda as the first cancer treatment based on a biomarker, regardless of cancer type, in microsatellite instability-high or mismatch repair deficient solid tumors.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
April 07, 2020 07:42 ET (11:42 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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