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Merck

All articles tagged with #merck

Merck to buy Terns to accelerate CML program with allosteric inhibitor TERN-701
business17 days ago

Merck to buy Terns to accelerate CML program with allosteric inhibitor TERN-701

Merck will acquire Terns Pharmaceuticals for about $6.7 billion in cash, expanding its hematology portfolio with TERN-701, an oral allosteric BCR-ABL1 inhibitor in Phase 1/2 for Philadelphia chromosome-positive chronic myeloid leukemia (CML). The transaction, approved by both boards, is expected to close in the second quarter of 2026 and will be accounted as an asset acquisition with an approximate $5.8 billion impact on 2026 GAAP/non-GAAP results. TERN-701 has shown encouraging early activity and carries FDA Orphan Drug Designation from 2024, underscoring its potential as a differentiated CML therapy.

Merck Restructures to Stand Up a Dedicated Oncology Unit Ahead of Keytruda's Patent Cliff
business1 month ago

Merck Restructures to Stand Up a Dedicated Oncology Unit Ahead of Keytruda's Patent Cliff

Merck is splitting its human health business into two divisions—a dedicated oncology unit to oversee cancer therapies (including Keytruda) and a separate specialty pharma and infectious diseases unit for non-cancer products and vaccines—part of a strategy to sharpen growth after Keytruda's looming patent cliff. The company cites expectations of continued leadership in oncology and potential multi-brand growth, highlighting leadership changes: Jannie Oosthuizen will run the oncology and international unit, while Brian Foard heads the new specialty/pharma/infectious diseases unit, with Chirfi Guindo in a policy/communications role. Merck aims to sustain long-term oncology leadership and push growth through its pipeline, with executives signaling potential of more than $70B in annual revenue mid-decade.

business1 month ago

Merck Restructures Human Health to Accelerate Launches Across a Diversified Portfolio

Merck is reorganizing its Human Health unit into two business units—Oncology and Specialty, Pharma & Infectious Diseases—to sharpen commercial execution for a broader portfolio. New leaders Jannie Oosthuizen (Oncology) and Brian Foard (Specialty, Pharma & Infectious Diseases) will report to CEO Robert Davis, while Chirfi Guindo leads Strategic Access, Policy & Communications. The move aims to better advance Merck’s widening pipeline, with about 80 Phase 3 trials and more than 20 growth drivers anticipated in the coming years.

Merck reshapes structure to create dedicated cancer unit led by Keytruda
business1 month ago

Merck reshapes structure to create dedicated cancer unit led by Keytruda

Merck will split its human-health business into two units: a cancer-focused division led by Keytruda and a separate non-oncology medicines arm, as the company diversifies ahead of Keytruda’s looming loss of exclusivity. Keytruda remains the world’s top-selling drug, with more than $30 billion in revenue in 2025, accounting for about half of Merck’s total revenue. Shares rose about 1.4% in premarket trading. Merck has expanded its pipeline and made major acquisitions to bolster growth, and appointed Jannie Oosthuizen to lead the new cancer unit.

Merck walks away from Revolution Medicines deal over valuation gap
business2 months ago

Merck walks away from Revolution Medicines deal over valuation gap

Merck ended discussions to acquire Revolution Medicines due to a valuation disagreement, effectively halting the deal. Investor interest in Revolution’s cancer-drug pipeline remains buoyant ahead of several key clinical trial results later this year, with Mizuho Securities estimating Revolution’s pancreatic cancer drug could reach about $10 billion in annual global sales by 2035 if the trials prove successful and safe.

Top 3 Discounted Drug Stocks to Watch
business3 months ago

Top 3 Discounted Drug Stocks to Watch

The article discusses the recent developments in the GLP-1 drug market, highlighting Novo Nordisk's new pill and the potential of out-of-favor drug makers like Bristol Myers Squibb, Merck, and Pfizer as long-term investment opportunities due to their efforts to innovate and survive patent cliffs. Despite current setbacks, these companies are positioned for future growth, making them attractive for contrarian investors.