U.S. FDA declines to approve Merck's cough treatment

Reuters

Published Jan 24, 2022 07:00AM ET

Updated Jan 24, 2022 07:21AM ET

(Reuters) -Merck & Co said on Monday the U.S. Food and Drug Administration declined to approve its experimental drug for the treatment of chronic cough and sought additional information on the treatment's effectiveness.

Merck said it would meet with the agency to discuss the next steps on the oral drug, gefapixant.

Shares in the company were down about 0.5% at $79.6 before the bell.

If approved later, gefapixant would become the first such remedy for patients who have a persisting cough after the treatment of underlying health conditions such as asthma or if they have an unexplained chronic cough, Merck said.