After PhII results disappoint, Merck excises eye drugs from longtime pact with NGM
Merck is dropping a slate of experimental eye drugs from its partnership with NGM Bio, marking another dead end for their seven-year alliance.
The decision to pass over an option to pick up an anti-C3 antibody dubbed NGM621 comes two months after NGM reported that it flunked a Phase II trial in geographic atrophy. At the time, CEO David Woodhouse told Endpoints News that Merck had provided funding for NGM621 since the project’s start and that the pharma partner needed time to take a closer look at the data.
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