Merck Drops Nastech’s Nasal Spray
This article was originally published in The Pink Sheet Daily
Executive Summary
Merck terminated a partnership March 1 to jointly develop Nastech's Phase I peptide YY3-36 nasal spray for treatment of obesity after concluding from a preliminary proof of concept study that it did not demonstrate efficacy
You may also be interested in...
Nastech Partners With Merck On Phase I Obesity Drug
Nastech cites Merck’s demonstrated urgency to enter the class and its R&D capabilities as a reason to collaborate on the nasal spray agent earlier than planned and before it has completed Phase II trials. Merck would be primarily responsible for worldwide research, regulatory approvals, sales and marketing.
Cancer-Genomics Firm Quanticel Debuts With Close Ties To Celgene, And An Exit In Mind
Celgene will get exclusive use of Quanticel's single-cell genomic analysis to tweak its clinical pipeline, and it also has exclusive options to acquire the venture-backed start-up.
One Trial Plus Supportive Evidence Is Enough For Hospital-, Ventilator-Acquired Pneumonia Indication, Panel Says
Anti-Infective Drugs Advisory Committee members viewed one-trial as practical means of gaining efficacy data.