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Stock Market & Financial Investment News

News Breaks
January 11, 2013
07:40 EDTMRKMerck suspends availability of Trepadtive
Merck announced the company is taking steps to suspend the availability of Trepadtive tablets worldwide. Trepadtive is not approved for use in the United States. Merck is taking these steps based on the current understanding of the preliminary data from the HPS2-THRIVE study, and in consultation with regulatory authorities. As previously reported by Merck, HPS2-THRIVE did not achieve its primary endpoint of reduction of major vascular events, and there was a statistically significant increase in the incidence of some types of non-fatal serious adverse events in the group that received Trepadtive compared to statin therapy. The decision to suspend availability of the medicine is aligned with the recommendation of the European Medicine Agency's Pharmacovigilance Risk Assessment Committee based on the trial's results.
News For MRK From The Last 14 Days
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September 4, 2015
07:20 EDTMRKMerck selloff overdone, says SunTrust
After meeting with four senior Merck executives, SunTrust says that the selloff in the stock over concerns about the company's Januvia franchise are overdone. The firm expects the company's diabetes drugs to generate over $8.5B in revenue in 2020, up from less than $6B currently, through the launch of several new treatments within the next two years. It is upbeat on the outlook for the company's Keytruda cancer treatment and reiterates a $72 price target and Buy rating.
September 2, 2015
08:04 EDTMRKMerck says FDA approves pediatric indication for Emend capsules
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September 1, 2015
09:04 EDTMRKMerck reports new analyses from IMPROVE-IT study with Vytorin
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August 30, 2015
12:33 EDTMRKDividend-rich blue chips look attractive amid market volatility, Barron's says
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August 26, 2015
08:53 EDTMRKMerck management to meet with SunTrust
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August 23, 2015
12:35 EDTMRKBiotech firms could see 'billions' in sales from new cancer drugs, Barron's says
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