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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 overall survival (OS) results from the Phase 3 KEYNOTE-811 trial evaluating KEYTRUDA® (pembrolizumab) in combination with trastuzumab and chemotherapy for first-line treatment of HER2-positive advanced gastric or gastroesophageal junction (GEJ) adenocarcinoma. The KEYTRUDA regimen demonstrated:

- 20% reduction in risk of death (HR=0.80) compared to trastuzumab and chemotherapy alone
- Median OS of 20.0 months vs 16.8 months
- 21% reduction in risk of disease progression or death in patients with PD-L1 expressing tumors (CPS ≥1)
- Consistent safety profile with previous studies

These results support the existing accelerated approval in the U.S. and recent approval in the EU for this indication.

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Merck (NYSE: MRK) announced that Joseph Romanelli, president of Human Health International, will participate in a fireside chat at the Bank of America 2024 Global Healthcare Conference. The event is scheduled for Wednesday, Sept. 18, 2024, at 6:40 a.m. EDT / 11:40 a.m. BST.

Investors, analysts, media members, and the general public are invited to listen to a live audio webcast of the presentation. Merck, known as MSD outside of the United States and Canada, has provided a weblink for interested parties to access the live stream.

This participation in a major healthcare conference highlights Merck's ongoing engagement with the investment community and its commitment to sharing insights about its international human health operations.

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Merck (NYSE: MRK) has announced positive top-line results from its Phase 3 trial evaluating GARDASIL®9, its 9-valent Human Papillomavirus (HPV) vaccine, in Japanese males aged 16 to 26. The trial met its primary and secondary endpoints, demonstrating that a 3-dose regimen of GARDASIL 9 reduced the combined incidence of anogenital persistent infection caused by 9 types of HPV compared to placebo.

Dr. Eliav Barr, senior vice president at Merck Research Laboratories, emphasized the company's commitment to preventing HPV-related cancers through broad and equitable access globally. Merck plans to share these data with regulatory authorities in Japan and other countries to support licensure for use in males. Additionally, an ongoing confirmatory Phase 3 trial is evaluating the vaccine's efficacy in preventing HPV oral persistent infection to support effectiveness against HPV-related oropharyngeal and other head and neck cancers.

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Daiichi Sankyo and Merck's ifinatamab deruxtecan (I-DXd) shows promising results in treating extensive-stage small cell lung cancer (ES-SCLC) in the IDeate-Lung01 phase 2 trial. Key findings include:

- 54.8% objective response rate at 12 mg/kg dose
- Median overall survival of 11.8 months at 12 mg/kg dose
- 50% intracranial response rate in patients with brain lesions
- 12 mg/kg selected as optimal dose for further studies

The safety profile is consistent with previous trials, with no new safety signals identified. These results support the potential of B7-H3 as a target in SCLC treatment.

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Merck (NYSE: MRK) will present new data for 10 investigational or approved medicines at the ESMO Congress 2024 in Barcelona. Key highlights include:

1. Overall survival (OS) data for KEYTRUDA in early-stage triple-negative breast cancer and locally advanced cervical cancer.

2. Ten-year OS data from KEYNOTE-006 and final OS data from KEYNOTE-811 for KEYTRUDA in advanced melanoma and HER2-positive gastric cancer.

3. Progress in Merck's pipeline of antibody-drug conjugates (ADCs), including patritumab deruxtecan, sacituzumab tirumotecan, and ifinatamab deruxtecan.

4. Data on WELIREG for advanced renal cell carcinoma and LENVIMA for hepatocellular carcinoma.

The presentations showcase Merck's continued progress in advancing clinical research across a broad portfolio and diverse pipeline of investigational candidates.

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Merck (NYSE: MRK) and its subsidiary EyeBio have initiated the Phase 2b/3 BRUNELLO trial for Restoret™ (MK-3000) in treating diabetic macular edema (DME). MK-3000 is an investigational, potentially first-in-class tetravalent, tri-specific antibody acting as an agonist of the Wnt signaling pathway. The trial's initiation follows promising results from the Phase 1/2 AMARONE study of MK-3000 in patients with DME and neovascular age-related macular degeneration (NVAMD). Dr. David Guyer, CEO of EyeBio, emphasized the potential of MK-3000 for retinal disease patients and highlighted the significance of the BRUNELLO trial in developing new treatment options for DME.

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Merck's KEYTRUDA (pembrolizumab) in combination with Padcev (enfortumab vedotin-ejfv) has received European Commission approval for first-line treatment of unresectable or metastatic urothelial carcinoma in adults. This approval follows positive results from the Phase 3 KEYNOTE-A39 trial, which showed significant improvements in overall survival and progression-free survival compared to platinum-based chemotherapy.

Key findings include:

  • 53% reduction in risk of death
  • 55% reduction in risk of disease progression or death

This marks the first new first-line standard of care for this condition in decades, potentially extending patients' lives. KEYTRUDA is now approved for 28 indications in the EU, including three in bladder cancer.

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Merck (NYSE: MRK) has announced that its top executives will participate in the Morgan Stanley 22nd Annual Global Healthcare Conference on September 5, 2024. Robert M. Davis, chairman and CEO, and Dr. Dean Y. Li, executive VP and president of Merck Research Laboratories, are scheduled for a fireside chat at 2:35 p.m. EDT.

This event presents an opportunity for investors, analysts, media, and the public to gain insights into Merck's strategies and developments. The company, known as MSD outside the US and Canada, will provide a live audio webcast of the presentation, making it accessible to a wide audience. This participation underscores Merck's commitment to transparency and engagement with stakeholders in the healthcare industry.

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Merck (NYSE: MRK) has announced the discontinuation of two Phase 3 trials: KEYNOTE-867 and KEYNOTE-630. The KEYNOTE-867 trial, evaluating KEYTRUDA with stereotactic body radiotherapy (SBRT) for early-stage non-small cell lung cancer (NSCLC), was halted due to lack of improvement in event-free survival and overall survival compared to placebo plus SBRT. Additionally, higher rates of adverse events were observed in the KEYTRUDA combination.

The KEYNOTE-630 trial, assessing KEYTRUDA for adjuvant treatment of high-risk locally advanced cutaneous squamous cell carcinoma (cSCC), was stopped for futility. The study did not show statistical significance in recurrence-free survival, and overall survival results did not favor KEYTRUDA over placebo. Merck will share the ongoing data analyses with the scientific community and regulatory agencies.

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Merck (NYSE: MRK) has initiated Shorespan-007, a pivotal Phase 3 clinical trial for bomedemstat, an investigational oral LSD1 inhibitor, for treating essential thrombocythemia (ET) patients who haven't received cytoreductive therapy. This trial, comparing bomedemstat to the standard chemotherapy hydroxyurea, will enroll about 300 patients globally. The primary endpoint is durable clinicohematologic response rate.

Bomedemstat is also being studied in Shorespan-006, another Phase 3 trial for ET patients intolerant to hydroxyurea. It has received FDA Orphan Drug and Fast Track Designations for ET and myelofibrosis treatment. Merck recently presented updated data from the Phase 2b Shorespan-003 trial at the ASH Annual Meeting in December 2023.

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FAQ

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

The current stock price of Merck & Co. (MRK) is $99.18 as of November 22, 2024.

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

The market cap of Merck & Co. (MRK) is approximately 256.3B.

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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256.28B
2.53B
0.06%
79.47%
1.04%
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