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No Strategy Rethink At Merck KGaA After Late-Stage Failures

 
• By Andrew McConaghie

Investors were keen to hear fresh thinking after two Phase III failures, but Merck remains focused on bolstering its life science services business ahead of its biopharma division.

Merck KGaA Darmstadt
(Merck KGaA)

Any investor hoping Merck KGaA would make big changes to its biopharma R&D strategy after two late-stage failures will have been disappointed by its latest pronouncements.

The German conglomerate saw the Phase III failure of its multiple sclerosis candidate evobrutinib at the end of 2023, which...

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