Merck KGaA Draws A Line Under “Old” R&D, Now Seeks More Deals

Germany’s Merck KGaA has streamlined its R&D pipeline, concentrating on immuno-oncology, early-stage compounds and collaborative efforts with partners, and discontinuing expensive late-stage products that were going nowhere.

Merck KGAA, the diversified Germany-based multinational company, unveiled what it called a “more balanced” R&D pipeline for its pharmaceuticals division Merck Serono SA during its 2012 annual results analysts’ call March 7.

There is now a greater focus on Phase I/II compounds, and Merck will try to share the risks of development with other companies, Merck executives said. Furthermore, there will be...

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