Merck Expands Cancer Drug Portfolio with $3.3 Billion Agreement in China

In a significant move to bolster its cancer treatment offerings, Merck & Co. has secured a lucrative agreement with a Chinese biotech company, attaching itself to a compelling late-stage cancer therapy. The deal, which could reach a staggering $3.3 billion, is centered around the promising drug known as sugemalimab, known for its potential effectiveness against various tumors.

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