MRK made this decision after an independent committee pointed out that Keytruda did not show improvement in certain types of lung and skin cancers.
Merck has stopped two separate late-stage studies of its immunotherapy Keytruda in patients with skin and lung cancers, the company said on Thursday, marking the latest set of trial failures for the blockbuster drug.
Merck (MRK) reported earnings 30 days ago. What's next for the stock?
Merck begins the second phase III study on its LSD1 inhibitor, bomedemstat, for treating certain patients with essential thrombocythemia, a rare blood disorder.
MRK's Winrevair becomes the first novel activin signaling inhibitor therapy approved in Europe to treat PAH.
Declining estimates and the recent price drop make investors skeptical about holding Merck's (MRK) stock.
Recently, Zacks.com users have been paying close attention to Merck (MRK). This makes it worthwhile to examine what the stock has in store.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Merck (MRK) have what it takes?
Global big pharmaceutical company Merck & Co. Inc. NYSE: MRK shares sank 9% following its Q2 2024 earnings release. Merck beat top and bottom line estimates, but the lowered full-year EPS 2024 guidance sank the stock.
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Despite Merck beating analysts' expectations for the second quarter of 2024, its stock price fell 9%. The company's stock sell-off came as a result of an unexpected decline in sales of the Gardasil franchise in China and a cut in its forecast for full-year adjusted EPS. On the other hand, sales of Merck's oncology franchise totaled about $8.05 billion, up 16.4%, thanks to solid sales of Keytruda, its key blockbuster.
Merck (MRK) to acquire worldwide rights to a novel investigational clinical-stage bispecific antibody for treating B-cell-associated diseases. The deal is expected to close by third-quarter 2024.