- Merck & Co Inc (NYSE:MRK) announced an update regarding the Phase 2 IMAGINE-DR trial (MK-8507-13), evaluating the combination of MK-8507 and islatravir (ISL) as a once-weekly oral treatment for HIV-1 infection.
- Decreases in total lymphocyte and CD4+ T-cell counts were observed in study participants randomized to receive ISL+MK-8507.
- The external Data Monitoring Committee (eDMC) review determined that this effect was related to treatment with the combination of ISL+MK-8507.
- The most significant decreases were seen in the arms of the study receiving the highest doses of MK-8507 (200 mg and 400 mg).
- At the recommendation of the eDMC, Merck is stopping dosing in the trial, with continued monitoring of study participants.
- The company has notified investigators and paused the development of MK-8507.
- Price Action: MRK shares are down 1.26% at $82 during the premarket session on the last check Friday.
Veru Q4 EPS $(0.51) Misses $(0.30) Estimate, Sales $2.59M Down From $15.65M YoY
Veru (NASDAQ:VERU) reported quarterly losses of $(0.51) per share which missed the analyst consensus estimate of $(0.30) by 70 percent. This is a 920 percent decrease over losses of $(0.05) per share from the same period
