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Biologics

US funds potential COVID-19 therapy from Merck

by Ryan Cross
January 2, 2021 | A version of this story appeared in Volume 99, Issue 1
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The US Departments of Health and Human Services and Defense will pay Merck & Co. about $356 million to continue testing its experimental drug MK-7110. The funds include a preorder for 60,000–100,000 doses of the therapy, a recombinant fusion protein developed by OncoImmune that may reduce inflammatory cytokines in people with severe COVID-19. Merck agreed in late November to acquire OncoImmune for $425 million. Preliminary results from a Phase 3 study found that MK-7110 decreased the risk of respiratory failure and increased the chance of recovery.

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