Merck and Co Inc (MRK): FDA approves MRK’s pneumococcal vaccine,...

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DewDiligence

Re: DewDiligence post# 820

Wednesday, 06/22/2022 7:22:56 AM

Wednesday, June 22, 2022 7:22:56 AM

FDA approves MRK’s pneumococcal vaccine, Vaxneuvance for infants/children:

https://finance.yahoo.com/news/u-fda-approves-merck-vaxneuvance-104500312.html

Vaxneuvance was already FDA-approved for adults (#msg-164961310), but I don’t think Vaxneuvance will compete effectively with PFE’s Prevnar-20, which has broader coverage of pneumococcal serotypes and a simpler (one-shot) treatment course (#msg-166441188).

PFE's Prevnar-20 is FDA approved for adults, but is not yet approved for infants/children, so MRK does have a head start in the pediatric market.

MRK pays PFE a royalty of 7.25% on worldwide Vaxneuvance sales during 2022-2026 and a 2.5% royalty during 2027-2035 (#msg-166075692).

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
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