Merck & Co Inc (MRK) has announced the initiation of a Phase I clinical trial for Cyprumed's oral peptide tablet technology. The trial marks the first human clinical development for the technology.

The company stated that the initiation of the trial triggers a milestone payment from Merck to Cyprumed. The total value of this payment is up to $493 million.

The article, published by Benzinga on September 29, 2026, reports on the development of the oral peptide tablet technology and the associated financial milestone.