Merck & Co. Buys Out OncoImmune For Phase III COVID-19 Therapy

Deal snapshot: For $425m up front, the pharma obtains a Phase III recombination fusion protein that shows ability to improve hospitalized patients’ clinical status and reduce risk of death.

Coronavirus with cardio lines, cellular designs and lungs
Merck & Co. likes therapeutic potential of OncoImmune's recombinant fusion protein

Who: Merck & Co./OncoImmune

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