Investment in pipeline looks set to pay off for Merck & Co
Shares in US pharma giant Merck & Co (NYSE: MRK) jumped 4% on Monday, an unusual result for a big pharma, reflecting the level of excitement over its latest data release.
The firm has announced encouraging results for sotatercept, a novel activin signaling inhibitor picked up through its $11.5 billion acquisition of Acceleron Pharma.
Scientists believe the candidate has the potential to reach an area of significant unmet need in the pulmonary arterial hypertension (PAH) space, where there is no disease modifying therapy available for patients.
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