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Merck & Co. Spears Another Acquisition With Harpoon

 
• By Jessica Merrill

Merck & Co. opened the J.P. Morgan Healthcare Conference with news that it will acquire the cancer drug developer Harpoon Therapeutics for approximately $680m.

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Merck nabbed Harpoon in an acquisition • Source: Shutterstock

Merck & Co., Inc. kicked off 2024 with acquisition news, revealing on the opening day of the J.P. Morgan Healthcare Conference that it will acquire the cancer company Harpoon Therapeutics for roughly $680m. The news follows a spate of deal-making by Merck last year to reenergize its pipeline, including a huge $4bn upfront licensing deal with Daiichi Sankyo Co., Ltd.

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