Merck Is in Advanced Talks to Buy Seagen for Roughly $40 Billion or More - WSJ - The Wall Street Journal


7/7/2022 12:00:00 AM2 years 9 months ago
by Cara Lombardo, Dana Cimilluca and Jonathan D. Rockoff

A deal, potentially worth $40 billion or more, would help Merck broaden its lineup of cancer drugs, currently led by Keytruda.

Merck & Co. is in advanced talks to acquire Seagen and is aiming to agree on a purchase of the cancer biotech in the next few weeks, according to people familiar with the matter, in a deal that c… [+280 chars]

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