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Merck & Co., Inc. - MRK STOCK NEWS

Welcome to our dedicated page for Merck & Co. news (Ticker: MRK), a resource for investors and traders seeking the latest updates and insights on Merck & Co. stock.

Merck & Co., Inc. (NYSE: MRK), known as MSD outside the United States and Canada, is a renowned American multinational pharmaceutical company headquartered in Rahway, New Jersey. Originally the American arm of Germany's Merck Group founded in 1668, Merck has established itself as a global leader in pharmaceuticals and vaccines.

Merck's core business is the development and manufacturing of medications and vaccines spanning several therapeutic areas such as cardiometabolic diseases, cancer, and infections. The company's immuno-oncology platform, particularly strong in cancer treatment, is a significant revenue driver. The firm’s oncology portfolio includes groundbreaking immunotherapies like KEYTRUDA, designed to treat melanoma and other cancers. KEYTRUDA, in combination with other therapies, has shown promising results in reducing cancer recurrence and improving survival rates.

Merck also boasts a robust vaccine business, offering vaccines for pediatric diseases and human papillomavirus (HPV). Their commitment to public health extends to Merck for Mothers, an initiative aimed at improving maternal health globally. In 2024, Merck surpassed its goal early by reaching over 30 million women with programs promoting safe, high-quality maternal care.

The company's animal health division is another sector of its diverse operations, providing solutions to improve animal health and productivity.

From a geographical perspective, nearly half of Merck's sales are generated in the United States. Financially, Merck maintains a solid position with ongoing investments in research and development to fuel innovation. The company is actively engaged in numerous partnerships and collaborative research initiatives to accelerate the development of new therapies.

Merck’s mission is rooted in scientific excellence and an unwavering commitment to improving lives. The company continues to invest in leading-edge research, with over 2,250 ongoing clinical trials, including more than 1,600 trials evaluating combination regimens. This dedication underpins Merck's strategy to address complex health challenges and advance global health.

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Merck (NYSE: MRK) announced significant results from the Phase 3 KEYNOTE-355 trial, showcasing KEYTRUDA's effectiveness in combination with chemotherapy for metastatic triple-negative breast cancer (mTNBC). The study revealed a 27% reduction in the risk of death, with an increased median overall survival of 6.9 months (23.0 months vs. 16.1 months) for patients expressing PD-L1 (CPS ≥10). This pivotal trial confirms KEYTRUDA's role in improving treatment outcomes for mTNBC, further supported by prior improvements in progression-free survival. Regulatory approvals are underway in both the U.S. and Europe.

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Merck (NYSE: MRK) announced promising results from the Phase 3 KEYNOTE-716 trial, showing that KEYTRUDA reduced the risk of disease recurrence or death by 35% in patients with resected high-risk stage II melanoma compared to placebo. This marks the first anti-PD-1 therapy to improve recurrence-free survival (RFS) in this setting. After 14.4 months, 11.1% of KEYTRUDA patients experienced recurrence or death versus 16.8% in the placebo group. The FDA has accepted these findings for priority review, indicating potential for new treatment options for a high-risk patient population.

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Merck (NYSE: MRK) announced positive results from the Phase 3 KEYNOTE-826 trial for KEYTRUDA, its anti-PD-1 therapy, in treating persistent, recurrent, or metastatic cervical cancer. The results were presented at the ESMO Congress 2021 and published in the New England Journal of Medicine. KEYTRUDA combined with chemotherapy showed a 33% reduction in mortality (median OS: 24.4 months vs. 16.5 months) and improved progression-free survival (PFS) at 10.4 months versus 8.2 months. KEYTRUDA also demonstrated a 65.9% overall response rate (ORR), marking it as the first anti-PD-1/PD-L1 regimen to show such improvements in this setting.

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Merck (NYSE: MRK) announced the European Medicines Agency's Committee for Medicinal Products for Human Use has recommended KEYTRUDA, its anti-PD-1 therapy, for treating locally recurrent unresectable or metastatic triple-negative breast cancer (TNBC) in adults with PD-L1 expression (CPS ≥10) who haven't had prior chemotherapy for metastatic disease. This recommendation is based on positive results from the Phase 3 KEYNOTE-355 trial, which showed significant improvements in progression-free survival and overall survival when KEYTRUDA is combined with chemotherapy. Approval is pending a review by the European Commission.

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Merck (NYSE: MRK) announced key data from its oncology research program to be presented at the ESMO Congress 2021, occurring from Sept. 16–21. The highlights include Phase 3 results for KEYTRUDA in stage II melanoma (KEYNOTE-716) and metastatic cervical cancer (KEYNOTE-826), both chosen for the ESMO Presidential Symposium. These trials showed significant improvements in recurrence-free and overall survival, respectively. Merck is committed to advancing treatments for challenging cancers, with a focus on collaborative research for better patient outcomes.

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On September 13, 2021, Merck (NYSE: MRK) will participate in a virtual fireside chat at the Morgan Stanley 19th Annual Conference at 11:00 a.m. EDT. Rob Davis, CEO, and Dr. Dean Li, President of Merck Research Laboratories, will represent the company. Interested parties can watch the live video webcast at Merck's investor website. Merck has been innovating for 130 years, focusing on vaccines and medicines for critical diseases globally.

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Merck (NYSE: MRK) announced that KEYTRUDA has been approved in China for first-line treatment of advanced esophageal and gastroesophageal junction cancers. This groundbreaking approval allows for the use of KEYTRUDA in combination with chemotherapy, based on positive outcomes from the Phase 3 KEYNOTE-590 trial, which showed a 27% reduction in the risk of death and a 35% reduction in disease progression compared to chemotherapy alone. With this indication, KEYTRUDA is now approved for eight indications across five cancer types in China.

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Merck (NYSE: MRK) and Ridgeback Biotherapeutics have launched the Phase 3 MOVe-AHEAD clinical trial to assess molnupiravir, an oral antiviral for COVID-19 prevention. The study targets individuals 18 and older living with someone confirmed to have symptomatic COVID-19. Approximately 1,332 participants will receive molnupiravir or placebo for five days. The trial aims to reduce COVID-19 incidence and is part of ongoing evaluations of molnupiravir's efficacy. Results from a related study, MOVe-OUT, are expected in the latter half of 2021.

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Merck (NYSE: MRK) announced the FDA's full approval of KEYTRUDA for treating patients with locally advanced or metastatic urothelial carcinoma (mUC) who are not eligible for platinum-containing chemotherapy. The update shifts from accelerated approval and includes a revised indication. Despite the failure of the KEYNOTE-361 trial to meet dual primary endpoints, the FDA’s advisory committee voted to maintain accelerated approval. KEYTRUDA also holds indications for various stages of bladder cancer, highlighting Merck's commitment to advancing treatment options.

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Merck (NYSE: MRK) announced that KEYTRUDA has received two approvals from Japan's Pharmaceuticals and Medical Devices Agency. The first approval allows its use in treating PD-L1-positive, hormone receptor-negative, and HER2-negative, inoperable or recurrent breast cancer, based on the KEYNOTE-355 trial results. The second approval is for unresectable, advanced, or recurrent high microsatellite instability colorectal cancer, based on KEYNOTE-177 results. KEYTRUDA now has 15 authorized uses in Japan, supporting the company's commitment to cancer care.

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FAQ

What is the current stock price of Merck & Co. (MRK)?

The current stock price of Merck & Co. (MRK) is $96.63 as of January 23, 2025.

What is the market cap of Merck & Co. (MRK)?

The market cap of Merck & Co. (MRK) is approximately 251.9B.

What are the main therapeutic areas Merck focuses on?

Merck focuses on several therapeutic areas including cardiometabolic diseases, cancer, and infections. They also have a significant vaccine business and an animal health division.

What is Merck for Mothers?

Merck for Mothers is Merck’s global initiative dedicated to improving maternal health. The program has reached over 30 million women with initiatives that promote safe, high-quality care during pregnancy and childbirth.

What are some of Merck’s key products in oncology?

Merck's oncology portfolio includes KEYTRUDA, an immunotherapy used to treat various cancers, including melanoma. KEYTRUDA has shown significant benefits when used in combination with other therapies.

How significant is Merck’s vaccine business?

Merck has a substantial vaccine business, offering vaccines for pediatric diseases and human papillomavirus (HPV). Their vaccines portfolio is a major contributor to their public health impact.

Where is Merck headquartered?

Merck is headquartered in Rahway, New Jersey, USA.

What percentage of Merck’s sales comes from the United States?

Approximately half of Merck's sales are generated in the United States.

What is Merck's approach to research and development?

Merck invests heavily in research and development with over 2,250 ongoing clinical trials. Their approach focuses on innovative treatments and combination regimens to address complex health challenges.

What recent achievements has Merck announced?

Merck recently surpassed its goal of reaching 25 million women with its maternal health initiative, Merck for Mothers, by reaching over 30 million women. Additionally, they have reported promising results from clinical trials involving KEYTRUDA.

Does Merck collaborate with other companies for research?

Yes, Merck is actively involved in numerous partnerships and collaborative research initiatives to accelerate the development of new therapies.

What is the historical origin of Merck & Co., Inc.?

Merck & Co., Inc. originated from the Merck Group, which was founded in Germany in 1668. The American arm, now an independent company, was established to serve the United States and Canada.
Merck & Co., Inc.

NYSE:MRK

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251.88B
2.53B
0.06%
79.42%
1.27%
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