Merck to Participate at the Morgan Stanley Global Healthcare Conference

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BMO Incrementally More Positive on Merck (MRK) as Omarigliptin Met Primary Endpoint in Phase 3

September 16, 2015 2:53 PM EDT

BMO Capital affirms Merck (NYSE: MRK) with an Outperform rating and $70 price target following news that omarigliptin, Mercks investigational once-weekly DPP-4 inhibitor in development for adults with type 2 diabetes, achieved its primary efficacy endpoint in a Phase 3 study. Omarigliptin was found to be non-inferior to Mercks once-daily DPP-4 inhibitor, JANUVIA® (sitagliptin), at reducing patients A1C* levels from baseline, with similar A1C reductions achieved in both groups.

Analyst Alex Arfaei commented: Based on impressive data in... More

Merck (MRK) Announces Omarigliptin Phase 3 Met Primary Endpoint in Type 2 Diabetes

September 16, 2015 10:17 AM EDT

Merck (NYSE: MRK) announced that omarigliptin, Mercks investigational once-weekly DPP-4 inhibitor in development for adults with type 2 diabetes, achieved its primary efficacy endpoint in a Phase 3 study. Omarigliptin was found to be non-inferior to Mercks once-daily DPP-4 inhibitor, JANUVIA® (sitagliptin), at reducing patients A1C* levels from baseline, with similar A1C... More