Merck Drops Development Of Cardiome’s Oral Vernakalant

Higher regulatory hurdles for anti-arrhythmic drugs have pushed Merck to discontinue the development of Cardiome’s oral vernakalant.

Vancouver-based biotech Cardiome Pharma Corp.’s future seems unclear, even to its own management, following the decision on March 17 of its partner, Merck & Co. Inc., to discontinue development of its lead project, an oral version of the anti-arrhythmic drug vernakalant.

Cardiome’s share price plummeted by more than 50% and the status of the development project fell into limbo after it...

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