• 30
  • 8
  • Favorite

Merck, Ridgeback start Phase 3 trial of oral drug to prevent COVID-19

Dow Jones2021-09-01

Shares of Merck & Co. Inc. $(MRK)$ and Ridgeback Biotherapeutics said Wednesday that they have started a Phase 3 trial of molnupiravir, and oral antiviral therapeutics for the prevention of COVID-19 infection. Merck's stock gained 0.4% in premarket trading. The drug makers said the study is enrolling people at least 18 years old who live in the same house as someone who tested positive for SARS-CoV-2 and had symptoms. Primary endpoints include percentage of participants with COVID-19 through day 14, the percentage of those with an adverse event and the percentage of those who had to discontinue to the study because of an adverse event. ""As the pandemic continues to evolve and surges are being reported in many places around the world, it is important that we investigate new ways to protect individuals exposed to the virus from becoming infected with symptomatic disease," said Dr. Nick Kartsonis, senior vice president, vaccines and infectious diseases, clinical research, Merck Research Laboratories. "If successful, molnupiravir could provide an important additional option towards reducing the burden of COVID-19 on our communities." Merck's stock has slipped 2.2% year to date through Tuesday, while the SPDR Health Care Select Sector ETF $(XLV)$ has rallied 19.2% and the Dow Jones Industrial Average has advanced 15.5%.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment8

  • FALCON
    ·2021-09-01
    Nice
    Reply
    Report
  • miyakos
    ·2021-09-01
    Yes
    Reply
    Report
  • jj266
    ·2021-09-01
    Ok
    Reply
    Report
    Fold Replies
    • miyakos
      uk
      2021-09-01
      Reply
      Report
  • TATAN
    ·2021-09-01
    Pls like
    Reply
    Report
    Fold Replies
    • ShanGe
      ok
      2021-09-01
      Reply
      Report
    • Raymond杨
      ok
      2021-09-01
      Reply
      Report
  • KailashN
    ·2021-09-01
    Good! Like please
    Reply
    Report
    Fold Replies
    • jj266
      ok
      2021-09-01
      Reply
      Report
  • Gabrielle_20
    ·2021-09-01
    ???
    Reply
    Report
  • Yonakazuk
    ·2021-09-01
    Another vaccine?! 
    Reply
    Report
  • Jfierydragon
    ·2021-09-01
    Like n coment
    Reply
    Report
    Fold Replies
    • Yonakazuk
      Okay!
      2021-09-01
      Reply
      Report
    • Qarah
      Like and comment back thanks!
      2021-09-01
      Reply
      Report
 
 
 
 

Most Discussed

 
 
 
 
 

7x24

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email:uservice@ttm.financial