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Merck Buys Swiss Biotech With Promising Cancer Drug

2014-12-18 19:05:09| Biotech - Topix.net

Drugmaker Merck says it's bought a Swiss biotech company developing cancer drugs as part of its strategy to be a top player in cancer, one of the hottest pharmaceutical research areas. Merck & Co., based in Kenilworth, New Jersey, will pay up to $110 million upfront to OncoEthix.

Tags: drug cancer swiss promising

 

Merck Acquires OncoEthix, a Privately Held Oncology Company Developing Novel BET Inhibitors for Hematological and Solid Cancers

2014-12-18 13:30:00| Merck.com - Corporate News

Dateline City: KENILWORTH, N.J. Acquisition Expands Mercks Oncology Portfolio with Novel Oral BET Inhibitor, OTX015 KENILWORTH, N.J.--(BUSINESS WIRE)--Merck (NYSE:MRK), known as MSD outside the United States and Canada, announced today that it has acquired, through a subsidiary, OncoEthix, a Swiss-based privately held biotechnology company specializing in oncology drug development. Through the acquisition, Merck has gained an investigational, novel oral BET (bromodomain) inhibitor, OTX015, which is currently in Phase 1b studies for the treatment of hematological malignancies and advanced solid tumors. Language: English Contact: MerckMedia:Pamela Eisele, 267-305-3558Claire Mulhearn, 908-236-1118orInvestors:Joseph Romanelli, 908-740-1986Justin Holko, 908-740-1879 Ticker Slug: Ticker: MRK Exchange: NYSE read more

Tags: company held solid developing

 
 

Merck cattle handling website adds new videos

2014-12-15 17:29:49| Beef

In an effort to give cattle producers access to information on the latest cattle handling techniques, Merck Animal Health’s Creating Connections has launched three new videos focused on acclimation, a term used to describe caregiver activities aimed at the management of relocating cattle or reducing stress during a change of cattle address. read more

Tags: website videos handling adds

 

Competitive Implications of Bayer's Acquisition of Merck & Co Inc's...

2014-12-14 03:20:07| Chemicals - Topix.net

With the 2014 acquisition of Merck & Co Inc's consumer division, it has taken a significant step towards expanding into the markets and categories that may help it accomplish its goal of becoming the industry leader. However, as the competitive landscape continues to shift, the company may be forced to re-evaluate its portfolio and seek yet more deals to maintain growth moving forward.

Tags: competitive acquisition implications merck

 

Merck advancing breast cancer drug to mid-stage

2014-12-10 23:43:13| Biotech - Topix.net

Drugmaker Merck & Co. said Wednesday that it will advance a new cancer drug into bigger patient tests, after promising findings in an early study against a very aggressive, common type of breast cancer.

Tags: drug cancer breast breast cancer

 

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