Merck reports positive results for late-stage trial comparing its Keytruda against Bristol-Myers' Yervoy -- MarketWatch
June 02 2017 - 8:19AM
Dow Jones News
Merck & Co. Inc. (MRK) said premarket Friday that a
late-stage clinical trial comparing its cancer drug Keytruda to
Bristol-Myers Squibb's [: BMY] cancer drug Yervoy found patients on
Keytruda had better results. The trial, which enrolled 834 patients
with unresectable or metastatic melanoma who were either new to
treatment or had received one prior treatment, found that treatment
with Keytruda was associated with a 30% improvement in survival.
About half of patients on Keytruda remained alive nearly three
years after starting the therapy, the company said, compared with
39% of patients on Yervoy. The company also reported that Keytruda
nearly doubled the progression-free survival rate at nearly three
years, with 31% of patients on Keytruda surviving without disease
progression, compared to 14% of patients on Yervoy. The results are
scheduled to be presented at the American Society of Clinical
Oncology meeting on Sunday. Merck shares were not active in
premarket trade. Shares have declined 1.2% over the last three
months, compared with a 4.1% decline in Bristol-Myers shares and a
2% rise in the S&P 500 .
-Emma Court
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(END) Dow Jones Newswires
June 02, 2017 08:04 ET (12:04 GMT)
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