Merck (MRK) said late Wednesday the US Food and Drug Administration has approved Welireg to treat patients 12 years and older with locally advanced, unresectable, or metastatic pheochromocytoma or paraganglioma.
Pheochromocytoma and paraganglioma are rare tumors that come from the same tissue, the company said. The approval is based on data from the Litespark-015 study.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.