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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 | |
---|---|---|---|---|---|---|---|---|
0.90 | 0.70% | 129.70 | 286 | 10:23:39 |
By Colin Kellaher
Merck & Co. on Wednesday reported mixed results from a pair of Phase 3 studies of its blockbuster cancer drug Keytruda.
The Kenilworth, N.J., drugmaker said a study evaluating Keytruda in combination with standard of care chemotherapy showed a statistically significant and clinically meaningful improvement in overall survival versus chemotherapy alone for the first-line treatment of patients with advanced or unresectable biliary tract cancer.
However, Merck said it is stopping a study of Keytruda in combination with enzalutamide and androgen-deprivation therapy in patients with metastatic hormone-sensitive prostate cancer due to futility. The company said an interim analysis showed the combination didn't demonstrate an improvement in overall survival or radiographic progression-free survival, the trial's dual primary endpoints.
Merck, which is studying Keytruda in a raft of trials across a wide variety of cancers and treatment settings, said it plans to submit the study results in biliary tract cancer to regulatory authorities.
Keytruda, a cancer drug that harnesses a patient's immune system to fight tumors, is approved in dozens of indications around the world and had sales of nearly $15.5 billion for the first nine months of 2022.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
January 25, 2023 07:29 ET (12:29 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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