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, generates frequent news across human health, animal health and corporate finance. As a research-intensive biopharmaceutical company with more than a century of history developing medicines and vaccines, Merck regularly announces clinical trial milestones, regulatory decisions, business development transactions and capital markets activity.
Recent news highlights include oncology updates from Merck’s extensive KEYTRUDA program, such as positive Phase 3 data in muscle-invasive bladder cancer and new trials in non-small cell lung cancer using combinations like calderasib (MK-1084) with KEYTRUDA QLEX. The company also reports on progress in other therapeutic areas, including pulmonary arterial hypertension with WINREVAIR, Alzheimer’s disease candidates MK-2214 and MK-1167, and cardiovascular research with the oral PCSK9 inhibitor candidate enlicitide.
Investors following MRK news will also see announcements related to Merck Animal Health, such as the conditional U.S. FDA approval of EXZOLT CATTLE-CA1 for the prevention and treatment of New World screwworm larvae and the treatment and control of cattle fever tick, as well as updates on acquisitions like the planned merger with Cidara Therapeutics to add the influenza candidate CD388 to Merck’s respiratory portfolio.
Corporate and financial communications include quarterly earnings calls, participation in major healthcare conferences and disclosures about note offerings under the company’s shelf registration statement. This news page aggregates these developments so readers can review clinical, regulatory, strategic and financial updates related to Merck & Co., Inc. and its MRK stock in one place.
Merck (NYSE: MRK) announced that LYNPARZA received FDA approval as the first targeted adjuvant therapy for patients with BRCA-mutated, HER2-negative high-risk early breast cancer. This is a significant milestone as LYNPARZA demonstrated a 42% reduction in the risk of invasive breast cancer recurrence and a 32% reduction in the risk of death compared to placebo, based on the Phase 3 OlympiA trial. Merck will make a $175 million payment to AstraZeneca under their collaboration agreement following this approval, potentially enhancing the market position of LYNPARZA.
Merck (NYSE: MRK) will host a virtual investor event on April 5, 2022, at 10:00am ET, after the American College of Cardiology Scientific Session 2022. The event will provide insights into Merck’s extensive cardiovascular portfolio and pipeline. Cardiovascular disease remains a significant global health issue, claiming approximately 18 million lives annually. Merck highlights its commitment to innovation and research in this field, aiming to improve patient outcomes. For more details, visit Merck's investor relations website.
Merck (NYSE: MRK) announced positive results from the Phase 3 KEYNOTE-716 trial, which evaluated KEYTRUDA as adjuvant treatment for patients with resected stage IIB and IIC melanoma. The trial met its key secondary endpoint of distant metastasis-free survival (DMFS), showing a statistically significant improvement compared to placebo. Additionally, KEYTRUDA demonstrated improved recurrence-free survival (RFS) at previous analyses. No new safety concerns were noted, reinforcing its efficacy as an adjuvant therapy. Full results will be presented at an upcoming medical meeting.
Merck (NYSE: MRK) has announced that Caroline Litchfield, Executive Vice President and Chief Financial Officer, will participate in a fireside chat at Cowen’s 42nd Annual Health Care Conference on Monday, March 7, at 12:50 p.m. ET. This virtual event invites investors, analysts, media, and the public to listen via a provided link. With over 130 years in the industry, Merck continues to focus on developing medicines and vaccines to combat various diseases globally.
Organon (NYSE: OGN) announced that CEO Kevin Ali and CFO Matthew Walsh will participate in a fireside chat at the Cowen 42nd Annual Healthcare Virtual Conference on Wednesday, March 9, 2022, at 9:10 a.m. EST. A live video webcast of the event will be accessible for investors, analysts, media, and the public. Organon, a global healthcare company formed from a Merck spin-off, focuses on women's health with a diverse portfolio of over 60 products. The company aims to innovate and partner with biopharmaceutical innovators, leveraging its significant global presence.
Merck (NYSE: MRK) announced the retirement of Dr. Julie L. Gerberding, chief patient officer, effective May 2022. Dr. Gerberding will join the Foundation for the National Institutes of Health as CEO on May 16. During her 12-year tenure at Merck, she significantly enhanced the company's commitment to patient care and sustainability, contributing to its environmental, social, and governance strategies. CEO Robert M. Davis praised her leadership and impact on both the company and global health initiatives.
Organon (NYSE: OGN) has appointed Meghan Rivera as the new US Managing Director, bringing over 20 years of experience in biopharmaceuticals and digital therapeutics. Ms. Rivera will lead the company's US Commercial Operations team, consisting of 400 staff, aiming to capitalize on growth in women's health, biosimilars, and established brands. Previously, she held key roles at Akili Interactive and AMAG Pharmaceuticals. Organon, a company spun off from Merck (NYSE: MRK), has a strong portfolio of over 60 products focused on women's health, supported by solid cash flows for innovation and growth.
Merck (NYSE: MRK) and Eisai have received approval from Japan's Ministry of Health for the combination of KEYTRUDA, an anti-PD-1 therapy, and LENVIMA, a receptor tyrosine kinase inhibitor, for treating radically unresectable or metastatic renal cell carcinoma (RCC). This approval follows promising results from the CLEAR/KEYNOTE-581 trial, where the combination showed a 61% reduction in the risk of disease progression or death, with a median progression-free survival of 23.9 months compared to 9.2 months for sunitinib.
This is KEYTRUDA plus LENVIMA's second approval in Japan, previously approved for advanced endometrial carcinoma.
Merck (NYSE: MRK) is hosting a virtual Investor Event at
Organon reported 2021 revenue of $6.3 billion, a 3% decline from 2020, driven by losses in Established Brands. However, Nexplanon and biosimilars saw double-digit growth. Q4 revenue decreased by 1%, with a significant 46% drop in net income from continuing operations year-on-year. The company anticipates 2022 revenue between $6.1 billion and $6.4 billion, with adjusted EBITDA margins projected at 34%-36%. A quarterly dividend of $0.28 was declared, payable on March 17, 2022.
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