Darmstadt-based Merck said it decided "not to file for approval and not to pursue further development of the compound," known as Sarizotan, which was intended to treat advanced Parkinson's disease patients suffering from dyskinesia, the AP reports.
The setback comes after Merck lost out to Bayer AG in the race to acquire a third German drug maker, Schering AG.
Subscribe to Pravda.Ru Telegram channel, Facebook, RSS!