- Merck & Co Inc MRK Lagevrio (molnupiravir) did not demonstrate a statistically significant reduction in the risk of COVID-19 following household exposure to another individual with COVID-19.
- The Phase 3 MOVe-AHEAD trial evaluated people who did not have COVID-19 at baseline (confirmed by a negative baseline SARS-CoV-2 test and no signs and symptoms) but lived with someone who was recently diagnosed with COVID-19.
- Related: Merck's Oral COVID-19 Treatment Might Be Linked To Spreading Mutations, Study Shows.
- The Lagevrio-treated group was observed to be 23.6% less likely than those who received a placebo to develop COVID-19 through Day 14.
- Lagevrio is approved or authorized in several markets, including the U.S., U.K., Australia, China, and Japan, for certain adults diagnosed with COVID-19. The treatment is not authorized for pre-exposure or post-exposure prophylaxis to prevent COVID-19.
- Last year, the FDA revised the Emergency Use Authorization for Merck COVID-19 pill molnupiravir, explaining that it should be used only if other treatments are unavailable or clinically appropriate.
- Price Action: MRK shares are down 0.03% at $109.49 on the last check Tuesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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