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BAYN Bayer AG

27.475
0.50 (1.85%)
26 Apr 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type
Bayer AG TG:BAYN Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.50 1.85% 27.475 27.375 27.57 27.61 26.94 26.945 404,068 22:50:04

Merck, Bayer Drug Vericiguat Meets Primary Endpoint in Phase 3 Study

18/11/2019 12:14pm

Dow Jones News


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By Colin Kellaher

 

Merck & Co. (MRK) on Monday said vericiguat, an investigational drug it is developing with Bayer AG (BAYN.XE), met the primary efficacy endpoint in a phase 3 study in patients with worsening chronic heart failure.

The Kenilworth, N.J., drug maker said vericiguat reduced the risk of the composite endpoint of heart failure hospitalization or cardiovascular death in patients with worsening chronic heart failure with reduced ejection fraction compared to placebo when given in combination with available heart failure therapies.

Merck and Germany's Bayer formed a worldwide collaboration in October 2014 in the field of soluble guanylate cyclase modulators such as vericiguat.

Merck said the companies will present the study results at an upcoming medical meeting in 2020.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

November 18, 2019 06:59 ET (11:59 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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