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Stock impact report

Roche Reports Positive Clinical Results, But The Market Is Unimpressed [Seeking Alpha]

Merck & Company, Inc. (new) (MRK) 
Last merck & company, inc. (new) earnings: 4/28 06:45 am Check Earnings Report
US:NYSE Investor Relations: investors.merck.com/home/default.aspx
Company Research Source: Seeking Alpha
Summary Roche 's ( OTCQX:RHHBY ) plans to leverage Tecentriq as its next cancer blockbuster and offset steep looming biosimilar sales erosion have been looking shakier and shakier as the company continues to post okay-but-great data from multiple trials, while chief rival Merck ( MRK ) continues to post strong Keytruda data. While two recent positive trial read-outs on Tecentriq in lung cancer and breast cancer are certainly welcome, they're not likely going to change the tide of sentiment, and management has work to do to convince the Street it's not an also-ran in the making. Two Positive Tecentriq Studies … But Keytruda Looms Roche has had an ongoing run of disappointment with its Tecentriq oncology program. Once positioned as the worth waiting for drug that would be third to market in the PD-1/PD-L1 space, but could offer benefits on the basis of its similar but different target, Tecentriq has found itself playing second fiddle to Merck's Keytruda in a number of s Show less Read more
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