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Stock impact report

Roche takes Tecentriq hit on survival data [Reuters]

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: Reuters
Roche takes Tecentriq hit on survival data | Reuters 3 Min Read ZURICH (Reuters) - Roche’s hopes of clinching more of the lung cancer treatment market with its Tecentriq immunotherapy had a major setback on Thursday, when a trial failed to deliver survival data the Swiss drugmaker needs to challenge rival Merck. Tecentriq, mixed with chemotherapy, has not yet achieved a hoped-for overall survival target in first-line non small cell lung cancer treatment, the Swiss drugmaker said on Thursday, though the cocktail did reduce risks of the disease worsening. Overall survival is the gold standard for judging a medicine’s effectiveness, but Roche now must wait until at least next year to show Tecentriq plays a significant role in keeping patients alive. In contrast, Merck’s Keynote-189 study demonstrated its Keytruda plus chemotherapy improved survival in newly-diagnosed patients. That leaves Tecentriq, with sales just a fraction of Keytruda’s and Bristol-Myers Squibb’s Opdivo, an also-ran i Show less Read more
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