Tag

Late Stage Trials

All articles tagged with #late stage trials

"Merck KGaA's Evobrutinib Fails in Late-Stage Trials, Dealing Major Blow to MS Drug"
pharmaceuticals2 years ago

"Merck KGaA's Evobrutinib Fails in Late-Stage Trials, Dealing Major Blow to MS Drug"

Merck KGaA's experimental multiple sclerosis drug, evobrutinib, has failed to meet its primary goal in late-stage trials, dealing a significant blow to the company's growth ambitions. The drug did not reduce the annualized relapse rate compared to Sanofi's Aubagio in patients with relapsing multiple sclerosis. Merck was considered ahead of competitors such as Sanofi, Novartis, and Roche in developing more targeted MS drugs known as Bruton's tyrosine kinase inhibitors. The failure of evobrutinib adds to Merck's recent setbacks, including the discontinuation of its cancer drug bintrafusp alfa and weak demand for specialty materials.

"Vertex's Groundbreaking Drug Targets Global Market Potential, Says Cramer"
pharmaceuticals2 years ago

"Vertex's Groundbreaking Drug Targets Global Market Potential, Says Cramer"

CNBC's Jim Cramer highlights Vertex Pharmaceuticals as a company to watch, as it develops a non-opioid drug, VX-548, to treat acute pain. Vertex aims to create a new class of prescription medications that address the addictive potential of opioids. Late-stage study results for VX-548 are expected within the year. Analysts at Leerink Partners believe the investment community underappreciates the potential of VX-548, comparing it to the obesity market a few years ago. Cramer's Charitable Trust owns shares of Eli Lilly, which expects its drug Mounjaro to expand its approved uses to obesity by year-end.