Merck jumps as melanoma vaccine data brightens post-Keytruda outlook
+12.60% to $152.20 from $135.17
What moved MRK
- Merck shares rose about 12-13% and were among the biggest gainers in both the Dow and the S&P 500 after the companies announced the Phase 3 melanoma trial success.
- The rally added roughly $44 billion to Merck’s market value in a single session.
- Analysts flagged the readout’s strategic significance for extending Keytruda’s commercial life as the drug faces looming patent exposure, since Merck and Moderna are testing the same vaccine platform across other tumor types.
- A commercial launch of the vaccine could come as soon as 2027, though pricing has not yet been set.
Sources: 24/7 Wall St. · ts2.tech · BioSpace