Merck & Co Inc said on Tuesday it would buy Peloton Therapeutics Inc for $1.05 billion in cash to gain access to the privately held company's renal cancer drug candidate.

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    Investing.com-- U.S. shares of pharmaceutical giant Merck (NS:PROR)&Co rose to a record high in aftermarket trade on Tuesday after the U.S. Food and Drug Administration approved its drug for the ...
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  • Merck’s $11.5 Billion Bet on Its Next Big Drug Finally Arrives
    The drug, which will sell under the name Winrevair, treats a condition called pulmonary arterial hypertension that affects nearly 40,000 people in the U.S. In 2021, Merck paid $11.5 billion for ...
    03/26/2024 - 11:07 am | View Link
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