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patientlywaiting

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patientlywaiting

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Wednesday, 12/19/2012 7:29:36 AM

Wednesday, December 19, 2012 7:29:36 AM

Post# of 346252
Merck drug fails.....

http://my.earthlink.net/article/hea?guid=20121219/c61f5f77-2f1e-4822-9e5d-d908e81d3f0e

Germany's Merck suffers setback with cancer drug
From Associated Press
December 19, 2012 6:32 AM EST

BERLIN (AP) — German pharmaceutical company Merck KgaA says a late stage trial of a new lung cancer drug has failed to meet expectations.

The company, based in Darmstadt, says the drug Stimuvax did not improve the overall survival of patients in the phase III study.

Merck shares fell 3.1 percent to €98.20 ($129.41) after the announcement early Wednesday.

The company is a separate entity from Merck & Co., which is based in the U.S.




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