Merck acquired the drug, called MK-7110, when it bought Oncolmunne, a private, clinical-stage drugmaker. In clinical trials, 75 percent of patients who received the drug showed a higher probability of improved clinical status compared to the placebo group. The drug also reduced the risk of death or respiratory failure by more than 50 percent.
Under the contract, if the drug receives emergency approval from the FDA, Merck is to make and supply the U.S. with 60,000 to 100,000 doses of the drug by June 30.
Read the full news release here.
More articles on pharmacy:
Pfizer, Moderna testing COVID-19 vaccines against UK variant
Retailers in mad rush to hire, bring back pharmacists
FDA investigating allergic reactions to Pfizer-BioNTech COVID-19 vaccine
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
