Business · Companies · 8 hrs ago

Merck KGaA to buy Silence Therapeutics for $1.3 billion

Merck KGaA to buy Silence Therapeutics for $1.3 billion

Germany's Merck KGaA will buy UK-based Silence Therapeutics for $1.3 billion.

The deal gives Merck control of divesiran, an experimental treatment for polycythemia vera, a rare blood cancer.

The disease causes the body to make too many red blood cells, raising the risk of dangerous blood clots.

In Phase 2 testing, divesiran reduced patients' need for blood withdrawals compared with a placebo, and is ready to move to Phase 3 trials.

If approved, it could compete with existing and developing treatments, including a drug from Takeda and Protagonist Therapeutics.

Merck plans to close the deal in early 2027, subject to regulatory and shareholder approvals, and will need to fund further trials.

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What people are saying

Kai BeckmannMerck KGaA chief executive
transform our pipeline toward areas of high specialization and unmet medical need, with an ongoing commitment to external innovation
via BioPharma Dive
Continuamos transformando nosso portfólio de desenvolvimento em direção a áreas de alta especialização
via CNN Brasil
Myles MinterWilliam Blair analyst covering Silence Therapeutics
This deal takes the execution risk off the table in an increasingly competitive space and delivers near-term shareholder value from what appears to be a competitive bid process
via BioPharma Dive