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 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.
Organon (NYSE: OGN) has announced the acquisition of rights to Marvelon® and Mercilon® contraceptive pills from Bayer AG in China, Hong Kong, and Macau, with an additional agreement for Vietnam expected to close in H1 2022 pending regulatory approval. This acquisition expands Organon's contraceptive portfolio, providing opportunities to reach more women in these markets. Currently, Marvelon and Mercilon are available over the counter in China and Hong Kong, while they are prescription-based in Vietnam. This strategic move aligns with Organon’s goal to enhance women’s health offerings globally.
Merck (NYSE: MRK) has announced new leadership for its Human Health business, effective February 28, 2022. Arpa Garay will direct Global Marketing, while Jannie Oosthuizen will manage the U.S. operations. In the interim, Deepak Khanna will lead Human Health International. These changes aim to enhance operational effectiveness and build on the company's successes. CEO Robert M. Davis expressed confidence in the new structure, emphasizing the importance of internal talent development and focusing on business goals within the global health portfolio.
AstraZeneca and Merck (MRK) announced positive results from the Phase 3 PROpel trial, revealing that LYNPARZA combined with abiraterone plus prednisone significantly improves radiographic progression-free survival (rPFS) for metastatic castration-resistant prostate cancer (mCRPC) patients. The trial showed a 34% reduction in disease progression risk, with median rPFS at 24.8 months for LYNPARZA versus 16.6 months for the control. Although overall survival showed a trend towards improvement, it did not reach statistical significance. Adverse events primarily included anemia and fatigue.
Merck (NYSE: MRK) announced an upcoming virtual Investor Event on February 23 at 10:00 a.m. EST, focusing on its Environmental, Social & Governance (ESG) strategies. The event will address four key areas: Access to Health, Employees, Environmental Sustainability, and Ethics & Value. Attendees, including investors and media, can listen to the webcast and participate in a Q&A session with Merck's senior management. The company continues to emphasize its commitment to life-saving medicines and global health initiatives.
Merck (NYSE: MRK) announced that Caroline Litchfield, executive vice president and chief financial officer, will participate in a virtual fireside chat at the 11th Annual SVB Leerink Global Healthcare Conference on February 17, 2022, at 4:20 p.m. EST. Interested parties, including investors and analysts, can listen to the live audio webcast here. Merck is committed to advancing healthcare and has over 130 years of experience in developing innovative medicines and vaccines.