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/2023.03.06
/Merck's drug boosts exercise capacity in pulmonary hypertension patients.txt
March 6 (Reuters) - Merck & Co Inc said on | |
Monday its experimental therapy helped increase exercise | |
capacity in patients with a deadly disease that causes high | |
pressure in blood vessels of the heart and lungs in a late-stage | |
study, lifting its shares about 4%.Sotatercept, combined with a background therapy, helped | |
patients with pulmonary arterial hypertension to walk about 40.8 | |
meters more in six minutes.The drug, which Merck gained through its $11.5 billion | |
buyout of Acceleron Pharma in 2021, also showed significant | |
improvement in eight of the nine secondary goals, including | |
reducing the risk of death or clinical worsening of condition by | |
84% compared to placebo.J.P. Morgan analyst Chris Schott said the data exceeded the | |
brokerage's expectations and "should confirm the drug as go-to | |
add-on therapy" for pulmonary arterial hypertension.Schott forecast peak sales of $3 billion to $4 billion for | |
the drug.In October, Merck said sotatercept had met the main goal of | |
a late-stage study, but did not release the full data.Merck has been beefing up its portfolio of cardiovascular | |
drugs as part of its strategy to counter a possible hit to sales | |
to its best-selling drug Keytruda from biosimilar drugs in the | |
next few years.Another experimental heart drug, MK-0616, helped reduce | |
levels of low-density lipoprotein (LDL) cholesterol by between | |
41.2% at a low 6 mg dose and 60.9% at a higher 30 mg dose in a | |
mid-stage study, Merck said on Monday.Analysts have said MK-0616 would need to show a more than | |
50% reduction in LDL level, similar to drugs from rivals | |
Regeneron and Sanofi SA and Amgen.The data were presented at the American College of | |
Cardiology's annual meeting in New Orleans.(Reporting by Khushi Mandowara and Pratik Jain in Bengaluru; | |
Editing by Arun Koyyur and Shinjini Ganguli) |