Merck goes big with $11.5 billion deal for Acceleron
Rumors that US pharma giant Merck & Co (NYSE: MRK) was interested in acquiring Acceleron Pharma (Nasdaq: XLRN) proved to be well-founded after an $11.5 billion deal was confirmed today.
US biopharma Acceleron is focused on harnessing the power of the transforming growth factor (TGF)-beta superfamily of proteins that is known to play a central role in the regulation of cell growth, differentiation and repair.
Builds upon Merck's cardiovascular legacy
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