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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