Merck and Daiichi Sankyo Strike Cancer Drug Deal Worth Up to $22 Billion

Merck agreed to pay Daiichi Sankyo $5.5 billion for the rights to jointly develop and commercialize three of its candidate cancer drugs, in a deal that could be worth up to $22 billion depending on the treatments' success.

Merck and Daiichi Sankyo Strike Cancer Drug Deal Worth Up to $22 Billion
Merck agreed to pay Daiichi Sankyo $5.5 billion for the rights to jointly develop and commercialize three of its candidate cancer drugs, in a deal that could be worth up to $22 billion depending on the treatments' success.