Skip to main content

News

Merck to buy ArQule for $2.7 billion

By The Wall Street Journal  
   December 09, 2019

Merck & Co. said it is buying ArQule Inc. for about $2.7 billion, adding to its portfolio of cancer treatments beyond the company’s top-selling immunotherapy drug Keytruda. The purchase price, at $20 a share in cash, is more than double Friday’s closing price of $9.66 for ArQule, a Burlington, Mass., biopharmaceutical company. 

Full story


Get the latest on healthcare leadership in your inbox.