Merck KGaA (MRCG.DE), has struck a deal to buy U.S. biotech company SpringWorks Therapeutics (SWTX.O), for an equity value of $3.9 billion to add rare cancer therapies ahead of expected revenue losses linked to expiring patents.
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April 28, 2025 - 15:12
Germany’s Merck KGaA in $3.9 billion deal to buy US biotech firm SpringWorks
By Pharos Investment Advisors Comments are Off
November 14, 2024 - 15:35
Merck’s stock slides as Q3 earnings beat estimates, but company lowers guidance
By Pharos Investment Advisors Comments are Off
Merck & Co. Inc.’s stock fell 3% Thursday, after the drug company beat profit and sales estimates for the third quarter, but lowered guidance due to charges stemming from deals with partners Curon Biopharmaceutical and Daiichi Sankyo.
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