Merck strikes deal with antibody discovery startup [Yahoo! Finance]
Merck & Company, Inc. (new) (MRK)
Last merck & company, inc. (new) earnings: 4/28 06:45 am
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Source: Yahoo! Finance
Merck and Co. has signed an agreement with California-based Infinimmune to develop multiple antibodies for various disease targets, the companies announced Tuesday. Per deal terms, Merck could load Infinimmune with up to $838 million in upfront and milestone payments if any of the drug candidates make it into clinical testing and onto the market. Neither company disclosed how much was offered as an upfront payment. Merck will hold exclusive rights to develop and commercialize drugs that are discovered through the collaboration. Infinimmune, headquartered in Alameda, is using artificial intelligence to look through a library of human immune cells and identify potential targets for future drugs, a technology platform it says other companies have tried but failed to advance. Founded by a group of former 10x Genomics employees, Infinimmune is studying several programs for popular targets such as IL-22 and IL-13, which are implicated in autoimmune conditions such as atopic dermatiti
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News
- Merck Begins Tender Offer to Acquire Terns Pharmaceuticals, Inc.Business Wire
- Merck & Co., Inc. (MRK) had its price target raised by JPMorgan Chase & Co. from $125.00 to $135.00. They now have an "overweight" rating on the stock.MarketBeat
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- Trump's 100% tariffs on drugs could cost you more at the pharmacy [Los Angeles Times (CA)]Los Angeles Times
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MRK
Earnings
- 2/3/26 - Beat
MRK
Sec Filings
- 4/1/26 - Form 4
- 4/1/26 - Form 4
- 4/1/26 - Form 4
- MRK's page on the SEC website