Merck & Co. inks $1.4B blood cancer biotech buyout to muscle in on Bristol Myers, Novartis

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via Merck & Co. has opened its wallet wide to buy a midphase treatment for life-threatening diseases of the bone marrow, paying $1.35 billion to snap up Imago BioSciences for its oral lysine-specific demethylase 1 (LSD1) inhibitor bomedemstat.

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