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Tuesday, November 19, 2024

Merck ‘linked’ to takeover bid for Incyte, Sky News says

 Mark Kleinman, Sky News’ City editor, posted on X, the service formerly known as Twitter: “Revealed: Merck (MRK), the US-listed pharma group, is the latest industry giant to be linked to a takeover bid for Incyte (INCY), with which it collaborates on several drug development projects. Merck has a market cap of $244bn, while Incyte is valued at nearly $15bn. Both refused to comment.”

https://www.tipranks.com/news/the-fly/merck-linked-to-takeover-bid-for-incyte-sky-news-says

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