Merck KGaA in Talks to Acquire U.S. Cancer Biotech Springworks, Reuters Says, Citing Sources

Dow Jones
02-10
 

-- Germany's Merck KGaA is in advanced talks to buy U.S. cancer and rare diseases biotech company Springworks Therapeutics, Reuters says, citing unnamed sources.

-- The deal could be finalized in the comings weeks, if the talks are successful, Reuters reports.

-- Merck KGaA said in a statement that it would continuously assess options and would announce any transactions as and when they materialize, according to Reuters. Springworks declined to comment to Reuters.

Full story: https://bit.ly/40UCAR2

 

Write to Helena Smolak at helena.smolak@wsj.com

 

(END) Dow Jones Newswires

February 10, 2025 10:27 ET (15:27 GMT)

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