Merck & Co Could Be Plotting $30bn Bid For Seagen

Regulatory Concerns Remain

A buyout of Seagen would boost Merck & Co’s goal of becoming the dominant player in oncology by 2025, but the deal is said to be far from done.

Seagen
A $30bn plus buy out would also be welcomed by the wider biotech sector, where M&A could help turnaround negative investor sentiment. • Source: Shutterstock

Merck & Co is in advanced discussions with Seagen about a possible takeover bid, according to the Wall Street Journal, but sources close to talks have said a deal is not yet imminent.

The newspaper reported on 17 June that the US pharma giant was exploring an acquisition of the antibody drug conjugate...

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