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Merck completes acquisition of EyeBio to diversify its late-stage pipeline

PUBLIC · MRKJul 12, 2024

Acquiring Company

Merck

Acquired Company

EyeBio

RahwayManufacturingBiotechnologyHealthcareHealth CareBiotechnologyHealth CareMedicalTherapeutics

Description

Merck has completed the acquisition of EyeBio, which further diversifies its late-stage pipeline with the addition of a promising candidate Restoret for the treatment of certain retinal diseases. This acquisition strengthens Merck's position in addressing unmet medical needs in patients with retinal diseases.

Quick answer

Merck is acquiring EyeBio, announced July 12, 2024. Merck is based in Rahway, New Jersey, United States.

How much did Merck pay for EyeBio?
The deal value was not disclosed.
What does Merck do?
For over 130 years, Merck, known as MSD outside of the United States and Canada, has been inventing for life, bringing forward medicines and vaccines for many of the world’s most challenging diseases in pursuit of our..
Where are Merck and EyeBio based?
Merck is based in Rahway, New Jersey, United States.
Who are the decision-makers at Merck?
Fundz holds 3 contacts at Merck. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Merck

Location

126 East Lincoln Avenue

Rahway, New Jersey, United States

About

For over 130 years, Merck, known as MSD outside of the United States and Canada, has been inventing for life, bringing forward medicines and vaccines for many of the world’s most challenging diseases in pursuit of our mission to save and improve lives. We demonstrate our commitment to patients and population health by increasing access to health care through far-reaching policies, programs and partnerships. Today, Merck continues to be at the forefront of research to prevent and treat diseases that threaten people and animals – including cancer, infectious diseases such as HIV and Ebola, and emerging animal diseases – as we aspire to be the premier research-intensive biopharmaceutical company in the world. For more information, visit www.merck.com and connect with us on Twitter, Facebook, Instagram, YouTube and LinkedIn.

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Frequently asked

Who acquired EyeBio?

EyeBio was acquired by Merck, based in Rahway. The deal was reported on July 12, 2024. Merck is publicly traded (MRK) and operates in Manufacturing.

When did Merck acquire EyeBio?

Merck's acquisition of EyeBio was reported on July 12, 2024. Merck has completed the acquisition of EyeBio, which further diversifies its late-stage pipeline with the addition of a promising candidate Restoret for the treatment of certain retinal diseases. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does EyeBio do?

EyeBio is a privately held ophthalmology biotechnology company dedicated to developing and delivering a new generation of therapies to protect, restore, and improve vision in patients with sight-threatening eye diseases. It is privately held, operating in Biotechnology.

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