Merck Announces Acquisition of EyeBio in a $3 Billion Deal to Accelerate Growth
Wednesday, 29 May 2024, 11:26
Merck's Strategic Acquisition of EyeBio
Merck has disclosed its plans to acquire eye disease drug developer EyeBio in a deal valued at up to $3 billion, aimed at accelerating growth.
Boosting Market Presence
This move is part of Merck's strategy to strengthen its portfolio and market presence, poised to capitalize on the growing demand for eye disease treatments.
Growth Expansion
By acquiring EyeBio, Merck aims to solidify its foothold in the pharmaceutical industry and unlock new avenues for expanding its revenue streams.
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