Merck and Luminex to develop diagnostic device for Alzheimer's candidate

theflyonthewall.com

Merck (MRK) and Luminex (LMNX) have signed a collaboration and license agreement to develop a companion diagnostic device that will be evaluated to help screen patients for recruitment into Merck's clinical development program for MK-8931, a novel oral beta amyloid precursor protein site cleaving enzyme inhibitor and Merck's lead investigational candidate for Alzheimer's disease. Financial terms were not disclosed.

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