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Merck signs licensing deal for Sichuan Kelun Pharmaceutical’s oncology program for areas outside of China, Hong Kong, Macao, Taiwan; deal worth US$1.4B and may relate to experimental drugs SKB264 or A166 currently in Phase 2 testing in China

Athenex and Merck to collaborate in expanded Phase 1 clinical trial to evaluate oral Oraxol paclitaxel and injectable Keytruda pembrolizumab in patients with non-small cell lung cancer; expansion cohort actively recruiting 50 patients for study

Merck reports Q1 GAAP net income up 57% at US$4.3B, with global sales up 50% to US$15.9B; sales growth favorably impacted by COVID-19 recovery as pharmaceutical sales increased 53% to US$14.1B, animal health sales up 4% at US$1.5B

Most Rite Aid locations now offer prescription COVID-19 oral medications, including Pfizer’s Paxlovid, Merck’s Molnupiravir; treatments available to those who test positive, are at high risk for severe COVID-19, are within five days of symptom onset

Merck stops Phase 3 trial of injectable Keytruda, Lynparza combination to treat metastatic castration-resistant prostate cancer; analysis shows drug combo did not show benefit to survival compared with abiraterone acetate or enzalutamide

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