Merck Invests $1B, Pays $725M Upfront for Two Seattle Genetics Precision Oncology Drugs

Sep 14, 2020

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NEW YORK – Seattle Genetics and Merck on Monday announced two strategic collaborations for the development of certain precision oncology assets, under which Seattle Genetics will receive $725 million in upfront payments and $1 billion in equity investment from Merck.

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Merck Invests $1B, Pays $725M Upfront for Two Seattle Genetics Precision Oncology Drugs

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