Germany’s Merck flags steeper drop in earnings
By Ludwig Burger FRANKFURT (Reuters) -Germany’s Merck KGaA on Thursday warned of a steeper earnings decline on a slump in demand for materials used to produce pharmaceuticals and semiconductors, as its high-tech…
Mersana signs deal with Merck KGaA for cancer therapy development
(Reuters) – Mersana Therapeutics Inc said on Thursday it had signed a deal for developing cancer drugs with Germany’s Merck KGaA that has the potential to generate up to $800 million in…
Merck KGaA in push to become twice as productive in drug development
FRANKFURT (Reuters) – Germany’s Merck KGaA on Monday said it aims to double the productivity of its research and development into oncology, neurology and immunology treatments. As part of the productivity push,…
Merck avoided billions in U.S. tax by offshoring Keytruda profits – senator
By Michael Erman (Reuters) – Drugmaker Merck & Co avoided billions of dollars of U.S. taxes in recent years on its top-selling cancer drug Keytruda by booking all the profits from the…
Orion raises outlook after Merck deal on developing prostate cancer drug
(Reuters) -Finnish drug maker Orion on Wednesday raised its full year outlook after it signed a collaboration agreement with Merck aimed at developing a prostate cancer drug, sending its shares to two-year…
Merck considering purchase of cancer drug maker Seagen – WSJ
(Reuters) – Drugmaker Merck & Co is considering buying cancer-focused biotech company Seagen Inc, the Wall Street Journal reported on Friday, citing people familiar with the matter. Talks have been underway for…
Merck Japan says to accelerate imports of COVID-19 treatment
TOKYO – The Japanese unit of Merck & Co Inc said on Monday it would accelerate imports of its oral COVID-19 treatment to help with a surge in cases caused by the…
Merck Says COVID-19 Pill Less Effective Than Initially Suggested
Merck announced Friday that updated data on its experimental COVID-19 pill show the drug is less effective than previously reported, and will now move to test treatment for safety. Merck said the…
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