Merck & Co Closing In On Seagen Acquisition

Deal Expected To Be Worth Around $38bn

Merck is closing in on the acquisition of the antibody drug conjugate specialists which would help the pharma giant consolidate its presence in oncology.

Merck & Co.
Merck has done lots of mid-sized M&A deals recently, but a Seagen buyout would be its biggest in years. • Source: Shutterstock

Merck & Co. is close to finalizing a takeover bid for Seagen, with media reports citing an offer in the region of $38bn.

The Wall Street Journal first reported on 17 June that the US pharma giant was exploring an acquisition of the...

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