Merck and Daiichi Pull US Lung Cancer Therapy Bid

Merck and Daiichi Sankyo have withdrawn their US application for an experimental lung cancer therapy following discussions with regulators. The FDA determined that mid-stage trial data did not meet requirements for accelerated approval. The companies plan to continue evaluating the treatment in larger late-stage trials.

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FILE PHOTO: The Merck logo is seen at a gate to the Merck & Co campus in Rahway, New Jersey, U.S., July 12, 2018. REUTERS/Brendan McDermid/File Photo

Merck and DAIICHI SANKYO CO LTD withdrew their United States application seeking accelerated approval for an experimental lung cancer therapy. The decision marks the second setback under their $22B cancer partnership.

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