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Genmab Makes $8 Billion Bet On Merus With Potential Cancer Breakthrough
Yahoo Finance·2025-09-29 14:15

Genmab A/S (NASDAQ: GMAB) on Monday agreed to acquire Merus N.V. (NASDAQ: MRUS) with its late-stage asset petosemtamab, which is in Phase 3 development, for 97pershareinanallcashtransactionrepresentingatransactionvalueofapproximately97 per share in an all-cash transaction representing a transaction value of approximately 8 billion. The transaction is anticipated to close by early in the first quarter of 2026. The proposed acquisition of Merus is expected to accelerate Genmab’s shift to a wholly owned model, expanding and diversifying the company’s revenue, driving sustained gro ...