- Alpine Immune Sciences Inc (NASDAQ:ALPN) has entered into a clinical trial collaboration and supply agreement with Merck & Co Inc (NYSE:MRK).
- This collaboration will evaluate the safety and efficacy of Alpine’s ALPN-202 in combination with Merck’s Keytruda (pembrolizumab) in patients with advanced malignancies.
- Dubbed as NEON-2, the trial is currently enrolling.
- Price Action: ALPN shares are down 1.93% at $8.92 during the market session on the last check Wednesday.
5 Value Stocks In The Consumer Defensive Sector
Understanding Value Stocks
A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.