Merck to acquire EyeBio in $3bn deal to expand ophthalmology pipeline

Merck to acquire EyeBio in $3bn deal to expand ophthalmology pipeline

Merck (NYSE: MRK), also known as MSD outside of the United States and Canada, has announced a definitive agreement to acquire EyeBio Limited, a prominent ophthalmology-focused biotechnology company, in a deal worth up to $3 billion. This acquisition includes an upfront payment of $1.3 billion in cash, with additional developmental, regulatory, and commercial milestone payments […]