Merck in $3.85bn Idenix buy to bolster hep C outlook

Merck & Co is hoping Idenix Pharmaceuticals will help it remain a significant player in the hepatitis C space as it watches Gilead's Sovaldi (sofosbuvir) smash pharmaceutical sales records (scripintelligence.com, 23 April 2014).

Merck & Co is hoping Idenix Pharmaceuticals will help it remain a significant player in the hepatitis C space as it watches Gilead's Sovaldi (sofosbuvir) smash pharmaceutical sales records (scripintelligence.com, 23 April 2014).

Merck is to buy Idenix for $24.50 a share, almost 3.5 times its closing price of $7

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