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Merck in advanced talks to buy Acceleron Pharma – WSJ

September 27, 2021 by David Barret Leave a Comment

September 27, 2021

(Reuters) -Merck & Co is in advanced talks to acquire drugmaker Acceleron Pharma Inc, the Wall Street Journal reported https://ift.tt/3CNVJqj on Monday, citing people familiar with the matter.

Merck and Acceleron did not immediately respond to Reuters’ request for comment.

Cambridge, Massachusetts-based Acceleron focuses on the discovery, development and commercialization of therapeutics to treat blood-related disorders. It had a market capitalization of $10.89 billion, as of its last close.

A Bloomberg report last week said Acceleron was in talks to be acquired for more than $11 billion.

(Reporting by Uday Sampath and Manas Mishra in Bengaluru; Editing by Shinjini Ganguli)

Source Link Merck in advanced talks to buy Acceleron Pharma – WSJ

David Barret
David Barret

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