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Tag: Merck

Here’s Why Merck & Co. (MRK) Shares Closed Strongly in Q1

Carillon Tower Advisers, an investment management company, released its “Carillon Eagle Growth & Income Fund” first quarter 2024 investor letter. A copy of the letter can be downloaded here.  The S&P 500 Index continued its recent all-time high, beginning the year’s first quarter at a robust 10.6%. This quarter’s results followed a common pattern to […]

Germany’s Merck, Korean science institute set up R&D partnership

German science and technology major Merck and the Korea Advanced Institute of Science and Technology (KAIST) are set to collaborate to speed up progress in life sciences. The scientific collaboration, sealed with a non-binding memorandum of understanding announced on Thursday, aims at advancing the research and development ecosystem in South Korea for industrial applications. Through […]

Merck nears $1.3 billion cash deal for eye-drug company EyeBio, WSJ reports

(Reuters) — Merck & Co is nearing a $1.3 billion cash deal to buy ophthalmology biotechnology company Eyebiotech in an agreement that could see an additional $1.7 billion in milestone payments, the Wall Street Journal reported on Tuesday. The deal could be announced as early as Wednesday, the report said, citing people familiar with the […]

German pharmaceutical firm Merck lays cornerstone for research centre

The time capsule for the laying of the foundation stone is ready. The pharmaceutical and chemical company Merck is investing more than 300 million euros in a new research center at its headquarters in Darmstadt. Andreas Arnold/dpa German pharmaceutical and chemical company Merck is investing more than €300 million ($320 million) in a new research […]