Merck KGAA is investing in a new Phase IIb study of a previously stalled drug atacicept for treating systemic lupus erythematosus, Chief Financial Officer Matthias Zachert said during the company's third-quarter analysts' call Nov. 14.
The German multinational may have pruned and restructured the research efforts of its pharmaceutical division, Merck Serono SA, after a string of late-stage product failures in recent years Also see "Can Merck Serono Bounce Back
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