Merck KGaA pays $169M for selective PARP1 drug, stepping up challenge to AstraZeneca and Gilead

cafead

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  • cafead   Oct 30, 2023 at 12:12: PM
via Merck KGaA is doubling down on its bet that PARPs are just getting started, paying 160 million euros ($169 million) for ex-China rights to a rival to Lynparza and Zejula. The outlay, which is backed by up to 1.4 billion euros in milestones, strengthens the German drugmaker’s hand in a cancer field targeted by AstraZeneca and Gilead Sciences.

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