Big pharma is getting smaller and more focused, not bigger, and now Merck & Co. Inc. is the latest company to announce that it will spin out its more mature pharmaceutical products. Merck announced on 5 February that it will spin off its women's health, legacy brands and biosimilars into a new publicly traded company.
Merck To Spin Out A New Company, Following Industry's Downsizing Trend
Merck will spinout its mature franchises, including women's health products, into a new company that will have about $6bn-$6.5bn in 2021 revenues and be poised for modest growth.
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