Skip to main content
The Markets by Proactive
Go to Proactive UK
Proactive UK has moved. Proactive’s coverage of London’s small caps continues on proactiveinvestors.com Go there →
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Pharma & Biotech

Merck receives diabetes drug labelling setback

Merck received a Complete Response Letter from the US Food and Drug Administration on the use of Sitagliptin

Merck & Co Inc (NYSE:MRK) suffered a rare setback as the US regulator rejected its application for a heart disease safety reference to be included with its diabetes best seller Januvia.

Merck wanted to highlight that a major trial involving the best seller drug indicated no heart problems for patients with type 2 diabetes.

This would have differentiated it from rivals known to have cardiovascular risks, such as Astrazeneca’s (LON:AZN) Onglyza.

Merck, though, received a Complete Response Letter from the US Food and Drug Administration on the use of Sitagliptin, the generic treatment for type 2 diabetes.

A complete response letter from the FDA means a drug will not be approved in its current form.

The pharma giant said it is reviewing the letter and will discuss its next steps with the FDA.

Shares eased 0.5% to US$62.95.

Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK