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Merck in talks to acquire respiratory drugmaker Verona Pharma: Report

Bengaluru: Merck is reportedly in talks to acquire lung disease-focused biotech Verona Pharma in a deal worth nearly USD 10 billion, the Financial Times reported on Wednesday, citing sources close to the matter.
The pharmaceutical giant is expected to pay USD 107 per American Depositary Share (ADS) for Verona, as per Reuters.
Merck has relied on its best-seller Keytruda, which had nearly $30 billion in sales in 2024, to fuel its growth for years but the drug's patents will begin to expire in 2028. In response to that, the company has embarked on a spree of deals to diversify revenue streams.
In March, Merck said that it has signed an up to $2 billion licensing agreement for a heart disease drug with Jiangsu Hengrui Pharmaceuticals.
Ruchika Sharma joined Medical Dialogue as an Correspondent for the Business Section in 2019. She covers all the updates in the Pharmaceutical field, Policy, Insurance, Business Healthcare, Medical News, Health News, Pharma News, Healthcare and Investment. She has completed her B.Com from Delhi University and then pursued postgraduation in M.Com. She can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751