Merck KGaA Closes $3.9B Deal to Acquire SpringWorks
April 28, 2025, 7:20 am
In a major strategic move for its healthcare portfolio, Merck KGaA has locked in a $3.9 billion acquisition of SpringWorks Therapeutics. The deal is aimed at bolstering its cancer treatment capabilities and accelerating future innovation, marking a significant industry shake-up.
Merck KGaA (a leading science and technology company) and SpringWorks Therapeutics (a Stamford, Connecticut-based commercial-stage biopharmaceutical company focused on severe rare diseases and cancer) announced that the companies have entered into a definitive agreement for Merck KGaA, Darmstadt,...
This acquisition is part of Merck's strategy to enhance its cancer treatment offerings.
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