ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

MRK Merck and Co Inc

130.38
2.81 (2.20%)
After Hours
Last Updated: 21:18:56
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
  2.81 2.20% 130.38 130.425 127.01 127.01 6,629,536 21:18:56

Merck Submits New Drug Application for Hepatitis Combination

28/05/2015 11:09pm

Dow Jones News


Merck (NYSE:MRK)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more Merck Charts.
By Josh Beckerman 

Merck & Co. has submitted a New Drug Application to the U.S. Food and Drug Administration for an experimental drug combination for treating certain chronic hepatitis C patients.

The company said it plans to submit applications for Europe and other markets for the combination of grazoprevir and elbasvir by the end of the year.

Within 60 days, the FDA will determine whether it will accept the application for review as filed.

Merck said in April that the combination for treating chronic hepatitis C patients demonstrated a 95% effective rate in a late-stage study.

The combined tablet poses a potential threat to hepatitis market leader Gilead Sciences Inc., which analysts estimate raked in at least $12 billion in combined sales in 2014 from the blockbuster drug Sovaldi and the first all-oral combination drug, Harvoni. Another competitor is AbbVie Inc., which recently launched its Viekira Pak.

As patent expirations weigh on drug makers, Kenilworth, N.J.-based Merck has been overhauling its research-and-development engine in hopes of introducing new treatments at least several months earlier than expected.

Write to Josh Beckerman at josh.beckerman@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


1 Year Merck Chart

1 Year Merck Chart

1 Month Merck Chart

1 Month Merck Chart

Your Recent History

Delayed Upgrade Clock