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Merck KGaA Talks More Deals But Stays Silent On SpringWorks

 
• By Kevin Grogan

The late-stage cupboard is looking bare but the German firm has its eyes on products with peak sales potential of over €500m.

Merck KGaA Darmstadt
(Merck KGaA)

Merck KGaA only has two-late stage candidates in its pipeline but CEO Belén Garijo has told Scrip that the German company is laser-focused on adding more assets.

Key Takeaways
  • Merck is eyeing alliances that represent 'low risk, early payback’
  • Talks are ongoing to buy SpringWorks but CEO Belén Garijo gave no specific updates

Speaking at Merck’s annual press conference in Darmstadt, she said that the company was keen to license “later-stage assets with strong proof of concept but the risk reward has to be the right one for us

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