Merck to acquire $1bn equity stake in Seattle Genetics; announces two oncology collaborations

Merck to acquire $1bn equity stake in Seattle Genetics; announces two oncology collaborations

Source: 
Biopharma Reporter
snippet: 

Merck and Seattle Genetics have announced two strategic oncology collaborations: one to develop Seattle Genetics’ antibody-drug conjugate ladiratuzumab vedotin worldwide; and another to accelerate the global reach of Tukysa (tucatinib).