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Merck KGaA to acquire Silence Therapeutics in $1.3 billion deal
Original: silence therapeutics
Merck KGaA has agreed to buy Silence Therapeutics in a deal valued at roughly $1.3 billion, moving just weeks after the company's siRNA drug showed positive phase 2 results in a blood cancer. The acquisition gives the German pharma group Silence's RNA interference technology and pipeline. Analysts see it as a bet on next-generation genetic medicine.
Why now: The buyout follows the drug's successful phase 2 blood cancer results, making it fresh M&A news in biotech.
Merck KGaASilence Therapeutics
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