
The European Commission (EC) has approved AstraZeneca (NASDAQ:AZN) and Merck’s (NYSE:MRK) LYNPARZA as monotherapy or in combination with endocrine therapy for the adjuvant treatment of adult patients with germline BRCA1/2 mutations (gBRCAm). This regulatory approval was supported by the results from the Phase 3 OlympiA trial. Merck shares traded in a range of $86.64 to $87.89 on a day volume of 7.99 million shares, closed regular trading session at $86.82.