Web6 feb. 2024 · Merck’s biosimilar business to power NewCo spinoff. Merck & Co. reported biosimilar sales of $250 million in 2024 and says the revenues will be used to grow its … Web5 feb. 2024 · Merck plans to spin off a new company with about $6.5bn in annual revenue from businesses including women’s health, legacy brands and biosimilars, as the US drugmaker slims down to focus on...
Merck says it plans to spin off its slow-growth products into a
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Web18 nov. 1993 · Industry analysts say the merger, which gives Merck a 15-percent share of the nation’s drug business, will force competitors into mergers and set off drug-price wars. ″Merck is redefining the way they’re going to go about doing business in the drug industry,″ said Richard R. Vietor, an analyst with Merrill Lynch Research. Web6 feb. 2024 · Merck & Co is spinning off its older drugs and biosimilars into a new stand-alone business, which will be closely watched by other pharma companies considering … WebMerck plans to spin off Medco completely to Merck shareholders this year because of what it calls an unfavorable IPO market. Private 2,203,220 Recent News & Activity There is no recent news or activity for this profile. Details Operating Status Active Company Type For Profit Unlock even more features with Crunchbase Pro Start Your Free Trial tsetse fly in america