Hi Capt,
Will you be at the Sydney one?
A couple of interesting articles out & apologies if already posted. Merck are shopping NOW knowing the patent cliff for Keytruda is coming (2028 according to the article). A collaboration with Moderna, they have shelved Cavatak, what’s going on, a better oncolytic viral tech coming lol? Seagen deal has fallen through due to differing valuations (fair enough, if Merck want their pipeline too cheaply, SH want value too).
https://www.fiercebiotech.com/biotech/merck-ditches-cavatak-more-four-years-after-buying-viralytics
https://www.reuters.com/business/healthcare-pharmaceuticals/merck-third-quarter-earnings-climb-lifts-full-year-outlook-2022-10-27/
https://www.fiercepharma.com/pharma/merck-and-seagen-cant-agree-price-their-rumored-merger-bloomberg
A few brief & interesting articles to take a look at in our Oncology Space.
Have a lovely Sunday folks. No guarantees or investment advice, something to read over your morning coffee.
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