Merck to scrap $1.35 billion London drug research centre, FT reports-March 2024-www.financetom.com

Merck to scrap $1.35 billion London drug research centre, FT reports

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Merck to scrap $1.35 billion London drug research centre, FT reports

Sep 10, 2025 9:21 AM

Sept 10 (Reuters) - US drugmaker Merck ( MRK ) has

scrapped a 1 billion pound ($1.35 billion) London research

centre and will lay off more than 100 scientific staff, the

Financial Times reported on Wednesday.

($1 = 0.7382 pounds)

(Reporting by Siddhi Mahatole in Bengaluru; Editing by Anil

D'Silva)

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