Merck & Co. Inc. (MRK)

$ 99.86
   
  • Change Today:
    $2.42
  • 52 Week High: $132.96
  • 52 Week Low: $96.31
  • Currency: US Dollars
  • Shares Issued: 2,531.63m
  • Volume: 15,670,302
  • Market Cap: $252,809m
  • RiskGrade: 92
  • Beta: 0.19

AstraZeneca, MSD prostate cancer drug gets China green light

By Frank Prenesti

Date: Wednesday 20 Oct 2021

LONDON (ShareCast) - (Sharecast News) - AstraZeneca and MSD's Lynparza prostate cancer drug has been granted conditional approval in China after a successful phase three trial, the companies said on Thursday.


The approval by China's National Medical Products Administration was based on a subgroup analysis of the trial, which showed that Lynparza demonstrated a "substantial improvement" patients with germline or somatic BRCA-mutated metastatic castration-resistant prostate cancer.

Continued approval is contingent upon verification and description of clinical benefit in a planned bridging trial with Chinese patients, they added.

In China, prostate cancer is the sixth most prevalent cancer in men, with approximately 115,000 new patients diagnosed each year and about 7% have germline BRCA mutations.

Prostate cancer patients with these mutations are more likely to have poorer outcomes than those without the mutations. Around 70% of prostate cancer patients in China have advanced disease at the time of diagnosis, and for those with mCRPC, the median survival is less than two years, the companies added.

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Merck Market Data

Currency US Dollars
Share Price $ 99.86
Change Today $ 2.42
% Change 2.48 %
52 Week High $132.96
52 Week Low $96.31
Volume 15,670,302
Shares Issued 2,531.63m
Market Cap $252,809m
Beta 0.19
RiskGrade 92

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