Merck & Co. Inc. (NYSE:MRK) is one of the most promising stocks under $100. On October 6, Merck & Co. announced the initiation of three new Phase 2b trials for tulisokibart (MK-7240). Tulisokibart is an investigational humanized monoclonal antibody targeting tumor necrosis factor/TNF-like cytokine 1A/TL1A.
The program expansion reflects Merck’s ongoing commitment to immune-mediated inflammatory diseases. The three new global Phase 2b trials are: MK-7240-12 for moderate to severe hidradenitis suppurativa/HS, MK-7240-013 for radiographic axial spondyloarthritis/r-axSpA, and MK-7240-014 for rheumatoid arthritis/RA. Global recruitment for these studies has begun, targeting the enrollment of more than 640 patients in total.
With these additions, tulisokibart is now being investigated in a total of six diseases. It is also being evaluated in two Phase 3 studies for inflammatory bowel disease: ATLAS-UC for ulcerative colitis/UC and ARES-CD for Crohn’s disease/CD, as well as a Phase 2 study for systemic sclerosis-associated interstitial lung disease/SSc-ILD. Tulisokibart is thought to bind both soluble and membrane-bound human TL1A, a target associated with both inflammation and fibrosis.
Merck & Co. Inc. (NYSE:MRK) operates as a healthcare company worldwide.
While we acknowledge the potential of MRK as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
Disclosure: None. This article is originally published at Insider Monkey.