Merck & Co is in advanced discussions with Seagen about a possible takeover bid, according to the Wall Street Journal, but sources close to talks have said a deal is not yet imminent.
Merck & Co Could Be Plotting $30bn Bid For Seagen
Regulatory Concerns Remain
A buyout of Seagen would boost Merck & Co’s goal of becoming the dominant player in oncology by 2025, but the deal is said to be far from done.
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