Merck nears $10 billion deal for respiratory drugmaker Verona, FT reports-March 2024-www.financetom.com

Merck nears $10 billion deal for respiratory drugmaker Verona, FT reports

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Merck nears $10 billion deal for respiratory drugmaker Verona, FT reports

Jul 8, 2025 10:18 PM

July 9 (Reuters) - Merck ( MRK ) is nearing a roughly

$10 billion deal to buy lung disease-focused biotech Verona

Pharma, the Financial Times reported on Wednesday.

Merck ( MRK ) would pay $107 per American depository share for

Verona, the report said, citing three people familiar with the

matter.

Reuters couldn't immediately verify the report.

(Reporting by Kanjyik Ghosh in Bengaluru; Editing by Mrigank

Dhaniwala)

Previous page： Black pepper prices are rising; here's why Next page： India signs up to UK's Breakthrough Agenda on affordable, clean tech

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Black pepper prices are rising; here's why

Nov 2, 2021

In ancient times, Romans would trade black pepper for an equal weight of gold from South Indian traders. Prices of the spice are not quite on the same level as gold these days, but are steadily increasing due to rising demand and damaged crops linked to erratic weather.

India signs up to UK's Breakthrough Agenda on affordable, clean tech

Nov 2, 2021

Modelled on the UK's landmark Net Zero Strategy, the Breakthrough Agenda will see countries and businesses coordinate and strengthen their climate action each year to dramatically scale and speed up the development and deployment of clean technologies and drive down costs this decade.

Modi stuns all with ‘net-zero by 2070’ pledge; key highlights from PM’s COP26 summit address

Nov 2, 2021

PM Modi highlighted the need for an environmentally conscious lifestyle and called for the concept of 'Lifestyle for Environment' to become a global initiative.

Is it the end of avocados, the unsustainable Instagram star?

Nov 2, 2021

Though it speedily tots up likes on social media, avocados can take up to 13 years to bear fruit. It may need as much as 320 litres of water (albeit in drier regions) to grow just a single fruit. But it's still greener than the omnipresent egg.