financetom
Business
financetom
/
Business
/
Merck Say Lung Cancer Treatment Receives FDA Breakthrough Therapy Designation
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Merck Say Lung Cancer Treatment Receives FDA Breakthrough Therapy Designation
Dec 3, 2024 5:26 AM

07:55 AM EST, 12/03/2024 (MT Newswires) -- Merck ( MRK ) said Tuesday the US Food and Drug Administration has granted breakthrough therapy designation to sacituzumab tirumotecan, a treatment for certain times of non-small cell lung cancer.

The designation is based on data from the phase 2 expansion group of a phase 1/2 study, as well as data from two parts of a phase 2 study evaluating the treatment in patients who have received at least two lines of previous therapy, Merck ( MRK ) said.

Sacituzumab tirumotecan is being developed in partnership with Kelun-Biotech, Merck ( MRK ) said.

Merck ( MRK ) shares were 0.4% higher in premarket trading.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Comcast names Michael Cavanagh as co-CEO
Comcast names Michael Cavanagh as co-CEO
Sep 29, 2025
Sept 29 (Reuters) - Comcast ( CMCSA ) on Monday named Michael Cavanagh as co-chief executive officer of the company, effective January. Cavanagh, who joined the company in 2015 as finance chief, will serve alongside Brian Roberts, who will continue as chairman and co-CEO. He currently serves as president of Comcast ( CMCSA ) and has earlier served as JPMorgan...
Fiserv to Acquire StoneCastle Cash Management
Fiserv to Acquire StoneCastle Cash Management
Sep 29, 2025
08:45 AM EDT, 09/29/2025 (MT Newswires) -- Fiserv ( FI ) said Monday it has entered into a definitive agreement to acquire financial firm StoneCastle Cash Management. Financial terms of the transaction were not disclosed. The transaction, expected to close by Q1 of 2026, will allow Fiserv ( FI ) to help financial institutions strengthen their balance sheets and gain...
Form 8.3 - NCC Group Plc
Form 8.3 - NCC Group Plc
Sep 29, 2025
LONDON--(BUSINESS WIRE)--   FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Full name of discloser: Montanaro Asset Management Limited (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee...
Village Farms International Approves $10 Million Buyback Program; Shares Rise Pre-Bell
Village Farms International Approves $10 Million Buyback Program; Shares Rise Pre-Bell
Sep 29, 2025
08:43 AM EDT, 09/29/2025 (MT Newswires) -- Village Farms International ( VFF ) said Monday that its board of directors approved a $10 million share buyback program. The company said it expects to fund the repurchase program via existing cash on hand and from future cash generated from operations. Shares of the company were up 15.5% in recent Monday premarket...
Copyright 2023-2026 - www.financetom.com All Rights Reserved