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Merck & Co. Buys Pandion, Building Out Capability In Autoimmune Disease

 
• By Jessica Merrill

Merck & Co. reached a deal to acquire the developer of targeted immune modulators for $1.85bn. Pandion CEO Kakkar talked to Scrip about the acquisition.

Isometric double cube between white and black. Negotiation, diplomacy, cooperation, conflict and merging concept.
Merck & Co. is acquiring an autoimmune disease platform • Source: Shutterstock

Merck & Co., Inc. is building out its autoimmune disease capability with the $1.85bn acquisition of Pandion Therapeutics, Inc. announced on 25 February. The bulk of Merck & Co.'s recent string of deals has been in oncology, but this acquisition appears to balance the scale in a different therapeutic area.

A newly public company focused on the development of precision immune modulators targeting key immune control nodes, Pandion has a...

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