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Merck Explores Purchase of Biotech Seagen

Merck & Co. is eyeing a purchase order of biotech Seagen based on individuals aware of the matter, a transfer that may beef up the pharmaceutical big’s cancer-drug portfolio.

Talks have been underneath manner for some time, and a deal isn’t imminent, the individuals stated, cautioning that pulling one off might be difficult given the heightened danger of a regulatory problem. It is feasible the businesses might find yourself placing a advertising settlement as an alternative, some of the individuals stated.

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