The lung cancer combination therapy jointly developed by Merck and its partner Kelun Pharmaceutical has successfully achieved the primary endpoint in a pivotal late-stage clinical trial.
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Driven by this positive news, a certain exchange's stock price rose by 3.7% in pre-market trading. The potential shown by this therapy in late-stage trials has laid a solid foundation for subsequent regulatory approval and commercialization processes, also boosting market confidence in the company's oncology pipeline prospects.
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