$MRK (Merck & Co. Inc.)

$MRK {{ '2016-07-01T17:05:45+0000' | timeago}} • Announcement

$MRK said that under the terms of the agreement, Merck Animal Health, through a subsidiary, will acquire approx. 93% of the shares of Vallee S.A. at closing, in exchange for a payment of $400MM, based on current exchange rates. This agreement is subject to regulatory review and certain closing conditions.

$MRK {{ '2017-11-13T18:11:07+0000' | timeago}} • Announcement

$MRK announced that it has received positive opinion from Committee for Medicinal Products for Human Use (CHMP) for its antiviral drug PREVYMIS (letermovir). The drug helps to prevent cytomegalovirus (CMV) infections and disease in adults previously exposed to this virus who have received an allogeneic hematopoietic stem cell transplant.

$MRK {{ '2017-11-03T20:24:16+0000' | timeago}} • Webcast

In addition to oncology and animal health domains, $MRK is prioritizing its investments on certain vaccines and HIV, which is believed to deliver long-term growth. Sales of cancer drug KEYTRUDA eclipsed $1Bil for the first time in 3Q, which makes it the 2nd largest product in the Merck’s portfolio. 55% of its sales come from lung cancer in the US.

$MRK {{ '2017-10-27T18:19:48+0000' | timeago}} • Announcement

$MRK's blockbuster cancer drug Keytruda sales nearly tripled touching $1.05Bil vs. 3Q16 and Hepatitis C drug Zepatier sales jumped 185% to $468MM. Due to pressure from generic drugs, cholesterol drugs Zetia and Vytorin sales halved to a combined $462MM. Veterinary medicines sales increased 15% to $1Bil.

$MRK {{ '2017-10-27T17:17:47+0000' | timeago}} • Announcement

$MRK reported a loss of $56MM in 3Q, primarily due to a $2.35Bil charge for a new partnership with AstraZeneca to market cancer drugs. The company also added that the cyberattack in June impacted sales by $135MM. Despite 2% drop in 3Q sales, $MRK has raised its FY17 outlook with non-GAAP EPS expected to be $3.91-3.97 and sales between $40-40.5Bil.

$MRK {{ '2017-10-27T13:15:12+0000' | timeago}} • Infographic

$MRK Merck Earnings AlphaGraphic: Q3 2017 Highlights

$MYL {{ '2017-10-02T17:33:18+0000' | timeago}} • Announcement

$MYL announced the U.S. launch of Caspofungin Acetate for Injection, one of the first generic version of $MRK's Cancidas. $MYL received final approval from the FDA for its Abbreviated New Drug Application (ANDA) for this antifungal which has multiple indications.

$A {{ '2017-09-22T21:43:23+0000' | timeago}} • Announcement

$A said its Dako PD-L1 IHC 22C3 pharmDx assay has an expanded label approved by the US FDA to aid in identifying gastric or GEJ adenocarcinoma patients for treatment with KEYTRUDA, an anti-PD-1 therapy manufactured by $MRK. These approvals mean these patients have the possibility of receiving a targeted anti-PD-L1 immunotherapy.

$MRK {{ '2017-09-11T17:08:33+0000' | timeago}} • Announcement

$MRK announced that Keytruda is the only programmed death (PD-1) drug with data to show it can improve overall survival rate in the second-line bladder cancer. Phase 3 results show that patients whose disease had progressed following platinum chemo treatment, Keytruda demonstrated an OS advantage vs. chemo with median follow-up of 22.5 months.

$MRK {{ '2017-08-29T14:59:23+0000' | timeago}} • Announcement

$MRK and Oxford University's Clinical Trial Service Unit announced the REVEAL study results of anacetrapib, the company's investigational cholesteryl ester transfer protein (CETP) inhibitor. Anacetrapib reduced the risk of major coronary events by 9% relative to placebo. $MRK is reviewing the results with external experts for filing NDA with FDA.

$MRK {{ '2017-08-18T15:18:52+0000' | timeago}} • Announcement

Lynparza, which is developed and marketed by AstraZeneca and $MRK, announced that it got approval for a two-tablet regimen, regardless of whether patients test positive for BRCA genetic mutations associated with high risk for the cancer. This helps Lynparza to compete with Tesaro’s Zejula and Clovis Oncology's Rubraca.

$MRK {{ '2017-08-18T13:37:46+0000' | timeago}} • Announcement

Lynparza has received FDA approval to include the drug in ongoing treatment of patients with recurrent ovarian cancer who have responded to platinum-based chemotherapy. Lynparza (olaparib) claims to be the world's first poly (ADP-ribose) polymerase [PARP] inhibitor. The drug is jointly developed and sold by AstraZeneca and $MRK.

$MRK {{ '2017-07-28T15:52:14+0000' | timeago}} • Announcement

Pharma segment, $MRK's only reportable segment and money-spinner, rose modestly to $8.76Bil. Growth was mainly due to new product launches offset by generic drug launches from competition and lower diabetes drug sales. Merck also narrowed and raised its 2017 revenue outlook to $39.4-40.4Bil, but reduced its 2017 GAAP EPS forecast to $1.60-1.72.

$MRK {{ '2017-07-28T15:26:51+0000' | timeago}} • Announcement

Pharma giant $MRK reported better-than-expected sales due to strong demand from its cancer drug KEYTRUDA. Sales for KEYTRUDA tripled to $881MM vs. $314MM in 2Q16. Drugmarker also disclosed that cyber-attack (June 27) had a dent on its operations. Magnitude of the disruption is yet to be ascertained, as $MRK tries to restore from the attack.

$MRK {{ '2017-07-28T13:05:50+0000' | timeago}} • Infographic

$MRK Merck Earnings AlphaGraphic: Q2 2017 Highlights

$MRK {{ '2017-07-26T13:49:00+0000' | timeago}} • Announcement

$MRK's BoD declared a quarterly dividend of $0.47 per share of its common stock for 4Q17. The dividend will be paid on Oct. 6, 2017 to shareholders of record at the close of business on Sept. 15, 2017.

$MRK {{ '2017-07-25T17:08:10+0000' | timeago}} • Announcement

$MRK announced the presentation of results from the Drive-Ahead study, the second of two pivotal Phase 3 clinical trials evaluating the efficacy and safety of doravirine, the company's investigational, non-nucleoside reverse transcriptase inhibitor (NNRTI), for the treatment of HIV-1 infection.

$MRK {{ '2017-07-25T11:50:57+0000' | timeago}} • Announcement

$MRK said that its anti-programmed cell death protein 1 (PD1) drug Keytruda (pembrolizumab) failed to meet the primary endpoint in the Phase III KEYNOTE-040 trial for previously treated recurrent or metastatic head and neck squamous cell carcinoma (HNSCC). When compared with standard treatment, Keytruda failed to improve the overall survival rate.

$MRK {{ '2017-07-24T18:28:47+0000' | timeago}} • Announcement

$MRK today announced the US launch of RENFLEXIS, a biosimilar for Remicade, which was approved by FDA for all eligible indications. RENFLEXIS will have a wholesale acquisition cost of $753.39, which is a 35% discount compared to Remicade. Remicade was the fifth bestselling drug in the US in 2016 raking in $5.3Bil on an invoice price basis.

$MRK {{ '2017-07-21T15:21:07+0000' | timeago}} • Announcement

President Donald Trump announced that pharma giants $MRK and $PFE are collaborating with Gorilla Glass manufacturer Corning ($GLW) for manufacturing a new glass (Valor Glass), which is superior and reliable for the delivery of injectable drugs. Corning is planning to initially invest $500MM creating 1,000 jobs at 3 facilities in US.

$MRK {{ '2017-07-20T14:29:27+0000' | timeago}} • Announcement

$MRK announced that the U.S. Food and Drug Administration (FDA) has granted tentative approval for its 100 units/mL insulin glargine injection, a follow-on biologic basal insulin in a pre-filled dosing device.

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