financetom
Business
financetom
/
Business
/
Merck's cholesterol drug meets main goal in two studies
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Merck's cholesterol drug meets main goal in two studies
Jun 9, 2025 4:37 AM

(Reuters) -Merck ( MRK ) said on Monday its drug met the main goal of reducing a type of cholesterol in two late-stage studies.

The drug, enlicitide decanoate, is being evaluated as a treatment for hyperlipidemia, a condition where there is elevated buildup of fat in the blood vessels.

The company said the drug showed meaningful reductions in the levels of LDL-C, or low-density lipoprotein, which is commonly known as bad cholesterol.

Enlicitide was tested in patients who have a history of, or are at risk for heart disease.

(Reporting by Christy Santhosh in Bengaluru; Editing by Shinjini Ganguli)

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 >
Market Chatter: FDA May Fast Track Drug Reviews for Lower US Prices
Market Chatter: FDA May Fast Track Drug Reviews for Lower US Prices
Jul 11, 2025
10:29 AM EDT, 07/11/2025 (MT Newswires) -- The US Food and Drug Administration may fast track new drugs from pharmaceutical companies that equalize the prices of their medicines between the US and other countries, Commissioner Marty Makary said Friday in an interview on Bloomberg Television. (Market Chatter news is derived from conversations with market professionals globally. This information is believed...
SharpLink Gaming Stock Gains After Announcing Ethereum Purchase
SharpLink Gaming Stock Gains After Announcing Ethereum Purchase
Jul 11, 2025
SharpLink Gaming ( SBET ) shares are trading higher after the company announced it purchased 10,000 units of Ethereum (CRPYTO:ETH). What To Know: SharpLink said it acquired 10,000 ETH from the Ethereum Foundation for $25,723,680, or $2,572.37 per ETH. The deal closed July 10, 2025, and the company now holds Ethereum as its primary treasury reserve asset. This isn’t a...
MicroCloud Hologram (HOLO) Stock Skyrockets Friday After $200M Bitcoin Bet Pays Off
MicroCloud Hologram (HOLO) Stock Skyrockets Friday After $200M Bitcoin Bet Pays Off
Jul 11, 2025
MicroCloud Hologram Inc ( HOLO ) shares are trading sharply higher Friday morning after the company announced a strategic move into the cryptocurrency market with the purchase of up to $200 million in Bitcoin (CRYPTO: BTC) and cryptocurrency-related securities derivatives. The company confirmed that as of Friday morning, its cumulative investment income from these assets has already reached $34.02 million....
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved