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Merck, SpringWorks and Germany

Reuters on MSN · 1h

Germany's Merck says in late-stage discussions to buy SpringWorks for $3.5 billion

Germany's Merck KGaA said on Thursday it is in late-stage talks to acquire U.S.-based SpringWorks Therapeutics for about $3.5 billion, a deal that could give it access to a recently approved rare disease drug and expand its portfolio of experimental cancer treatments.

The Wall Street Journal on MSN · 16h

Germany’s Merck Nears Roughly $3.5 Billion Deal for SpringWorks

Germany’s Merck KGaA is finally nearing a roughly $3.5 billion deal for SpringWorks Therapeutics, a U.S. biopharmaceutical company that specializes in rare diseases and cancer. The two parties are discussing a deal around $47 per share,

Bloomberg on MSN · 8h

Merck KGaA Nears Deal to Buy SpringWorks Therapeutics

Merck KGaA is nearing a deal to acquire SpringWorks Therapeutics Inc., people familiar with the matter said. An announcement may come as soon as Monday, the people said, asking not to be identified discussing confidential information.

Merck lowers profit Outlook

Reuters on MSN · 1d

Merck posts higher profit, puts tariffs cost at $200 million

Merck on Thursday said its first-quarter adjusted profit rose 7% as lower costs helped offset a 2% decline in sales, reflecting a January decision to pause shipments of its Gardasil vaccine to China due to a downturn in demand.

CNBC on MSN · 23h

Merck lowers profit outlook, partly due to $200 million expected tariff hit

Merck said the expected tariff charge primarily reflects levies between the U.S. and China, but does not account for Trump’s planned pharmaceutical tariffs.

Crain's New York Business · 23h

Merck expects $200M tariff hit amid Gardasil fallout

The company’s stock fell as much as 2.8% after markets opened in New York Thursday. For the first quarter, Merck’s results beat estimates. First quarter sales were $15.5 billion, above the $15.3 billion analysts had predicted. Adjusted earnings of $2.22 per share outpaced expectations of $2.13 a share.

1d

Merck Faces Lawsuit to Block Launch of Easier-to-Use Keytruda

A biotech company is suing to block Merck & Co. from launching an easier-to-use version of its blockbuster cancer treatment ...

SpringWorks Surges on Potential $3.5B Merck KGaA Buyout

The transaction, which sources say could be agreed upon as soon as Monday, would price SpringWorks at $47 per share, totaling ...

Merck puts a price on its SpringWorks takeover bid

So far, SpringWorks – which was spun out of Pfizer in 2017 and has recently received FDA approval for a second therapy for a ...

1don MSN

Merck Expects $200 Million Tariff Hit as Gardasil Sales Plunge

Merck & Co. said it expects to lose $200 million to already-announced tariffs in 2025 amid an escalating trade war between ...

Pharmalittle: We’re reading about the FDA and revolving doors, a Novo win over compounders, and more

Scores of FDA employees are searching for an exit from an agency in turmoil, especially staffers tasked with reviewing drug ...

Fierce Pharma23h

Merck ‘willing to work’ with Trump administration on price gap between US, international medicines

With potential tariffs and other drug pricing policies on the horizon, the industry is navigating uncertain waters. | The ...

6hon MSN

Health Care Roundup: Market Talk

Find insight on Merck, Sanofi and more in the latest Market Talks covering the Health Care sector.

1h

Dow's 117-point drop led by losses in Merck, Verizon shares

Shares of Merck and Verizon are retreating Friday morning, sending the Dow Jones Industrial Average into negative territory.

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