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Merck - Bayer's Heart Failure Treatment, Verquvo Scores European Nod

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Merck - Bayer's Heart Failure Treatment, Verquvo Scores European Nod
  • The European Commission (EC) has approved Merck & Co Inc's  (NYSE: MRK) soluble guanylate cyclase (sGC) stimulator Verquvo (vericiguat). 
  • Verquvo (2.5 mg, 5 mg, and 10 mg) is indicated to treat symptomatic chronic heart failure in adult patients with reduced ejection fraction who are stabilized after a recent decompensation event requiring intravenous (IV) therapy. 
  • Merck has the commercial rights to Verquvo in the U.S., and Bayer AG (OTC: BAYRY) has the exclusive commercial rights in the rest of the world.
  • In January, the FDA approved Verquvo.
  • Price Action: MRK shares are up 0.42% at $76.49 during the premarket session on the last check Wednesday.
  • Related content: Benzinga's Full FDA Calendar.
 

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Posted-In: Briefs European Medicines Agency (EMA)Biotech News Health Care FDA General

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