Merck to Buy Terns for $6.7B to Grow in Blood Cancers

Bloomberg
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Merck to Buy Terns for $6.7B to Grow in Blood Cancers
Bloomberg
Written by Bloomberg
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Bloomberg's Michelle Davis joins Dani Burger on "Bloomberg Deals." Merck agreed to buy Terns Pharmaceuticals for $6.7 billion, giving the multinational company access to a promising new leukemia treatment as it faces the patent expiration of its bestselling cancer drug.

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