FDA Approved Merck's WELIREG For The Treatment Of Patients With Advanced Renal Cell Carcinoma (RCC) Following A PD-1 or PD-L1 Inhibitor And A VEGF-TKI
Portfolio Pulse from Charles Gross
The FDA has approved Merck's WELIREG for treating advanced renal cell carcinoma in patients previously treated with a PD-1 or PD-L1 inhibitor and a VEGF-TKI. The approval is based on the LITESPARK-005 trial results, which showed WELIREG's superior progression-free survival and objective response rate compared to everolimus.
December 15, 2023 | 12:34 am
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POSITIVE IMPACT
Merck's WELIREG has been approved by the FDA for advanced RCC treatment, which could lead to increased market share in cancer therapeutics.
FDA approval of a new drug typically leads to an increase in the company's stock price due to the potential for new revenue streams. WELIREG's approval for a specific cancer treatment could capture a niche market, especially given its superior trial results over everolimus.
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