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merck cuts diabetes drug price while neumora faces setback in depression trial

Merck has cut the price of its diabetes drug Januvia by 42%, aiming to align list prices with net prices and responding to changes in the Medicaid rebate program. Meanwhile, Neumora's experimental depression drug failed in a Phase 3 study, causing an 83% drop in its stock. Roche is expanding its presence in the antibody-drug conjugate space through a deal with Innovent Biologics, which could yield up to $1 billion in milestone payments.
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United States Dollar Merck & Co., Inc. Innovent Biologics, Inc. Hoffmann-La Roche AG CHN USA Wilma Lee Cooper Elaine Chen Allison DeAngelis Show more
Finance & Economy, News Article
15:34 03.01.2025
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