Merck takes home an FDA win for a Roger Perlmutter favorite, potentially cracking open big market
With PD-(L)1 drug Keytruda dominating the portfolio, erstwhile Merck R&D head Roger Perlmutter attempted to put the drugmaker on good footing with a $2.2 billion buyout of Peloton Therapeutics back in 2019. The keystone drug in that deal is now bearing fruit — and even more wins could be on the way.
The FDA on Friday approved Merck’s belzutifan — soon to be marketed as Welireg — a hypoxia-inducible factor inhibitor for the treatment of patients with von Hippel-Lindau (VHL)-associated renal cell carcinoma, CNS hemangioblastomas or pancreatic neuroendocrine tumors, the agency said in a release.
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