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Merck & Co (MRK) investor relations material

Merck & Co Jefferies London Healthcare Conference 2025 summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Jefferies London Healthcare Conference 2025 summary20 Nov, 2025

Recent milestones and business development

  • Multiple milestones achieved, including the acquisition of Cidara and positive phase III HIV data for islatravir/doravirine.

  • Keytruda subcutaneous formulation approved in Europe, and Winrevair Cadence phase II data released.

  • Cidara acquisition targets high-risk populations for influenza with a long-acting, strain-agnostic antiviral showing 76% efficacy in phase II.

  • U.S. FDA requested expansion of Cidara's phase III to include older adults without comorbidities, reflecting strong regulatory interest.

  • Cidara's asset aligns with government pandemic prevention strategies and may attract BARDA support.

Product pipeline and clinical development

  • Winrevair shows transformative impact in PAH, with growing adoption in advanced and dual therapy patients; 500+ new U.S. patients monthly.

  • Cadence phase II data promising for CPC PH, a rare disease with no current treatments; phase III planning underway.

  • EyeBio acquisition brings trispecific immune assets for diabetic macular edema and wet AMD, addressing unmet needs for 40% of patients unresponsive to anti-VEGFs.

  • MK-3000 and Tiespectus from EyeBio are advancing rapidly, with phase III DME readout expected next year.

  • Enlicitide, an oral PCSK9, delivers biologic-like efficacy with 60% LDL reduction; food effect not a barrier, and broad access strategy planned.

Oncology and HIV portfolio highlights

  • Sac-TMT ADC aims for broad utility across multiple tumor types, with 15 phase III trials ongoing and focus on community oncologist adoption.

  • Tolerability and ability to keep patients on therapy seen as key to improving overall survival in sac-TMT trials.

  • Islatravir/doravirine daily regimen shown non-inferior to Biktarvy, with PDUFA date in April; weekly oral and monthly PrEP options in late-stage development.

  • Monthly oral PrEP option preferred by a third of surveyed at-risk individuals, offering privacy and convenience.

  • HIV franchise seen as a multi-billion dollar opportunity, with underappreciated market potential.

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Frequently asked questions

Over 130 Years of Experience in Healthcare

Merck & Co., commonly known as Merck, is a global pharmaceutical company that specializes in the development and manufacturing of prescription drugs, vaccines, biological therapies, and animal health products. With a storied history dating back over a century, Merck has established itself as a leading player in the healthcare industry. The company's portfolio of products spans various therapeutic areas, including cardiovascular, oncology, infectious diseases, and more.

In business for over a century

Since its establishment in 1891, Merck has played a significant role in advancing medical research and innovation and has a long history of notable contributions to healthcare. They have developed antibiotics like streptomycin, vaccines for diseases such as mumps and HPV, and antiretroviral therapies for HIV/AIDS treatment. Their advancements in cardiovascular medications and statins have significantly impacted heart disease management.

The company today

Today the company focuses on the development, manufacturing, and distribution of a diverse range of prescription drugs, vaccines, and biological therapies. With a commitment to scientific rigor, research, and providing products and medication that improve the lives of ill patients, Merck strives to address various health challenges and contribute to the well-being of individuals globally. Merck is far from being alone when it comes to publicly traded pharmaceutical companies, and some companies that operate in the same space include names such as Pfizer and Eli Lilly.

A diverse portfolio of medications

Merck & Co. develops and manufactures a wide range of medications. Their portfolio of products includes medications for cardiovascular diseases, such as hypertension and hyperlipidemia, as well as anticoagulants and antiplatelet agents. They also offer therapeutics for infectious diseases, including antibiotics, antifungals, and antiviral drugs. In oncology, Merck provides targeted therapies and immunotherapies for different types of cancer. Additionally, they offer medications for diabetes management, respiratory diseases, autoimmune disorders, and more. The company’s flagship medication is Keytruda, which enhances the body’s ability to fight certain types of cancers.

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