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Geo2014

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Geo2014

Re: Geo2014 post# 8586

Thursday, 06/12/2014 4:10:19 PM

Thursday, June 12, 2014 4:10:19 PM

Post# of 140480
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Merck research chief says the firm is open to more deals • 3:57 PM

At an investors meeting in Los Angeles, Merck (MRK -0.9%) EVP and President, Merck Research Laboratories Roger Perlmutter, M.D., Ph.D., says the company will consider large acquisitions as way to expand its product portfolio rather than obtain drug-development technologies. He says Merck continues to have an appetite for deals following its recent buy of Idenix (IDIX +0.3%) for $3.85B.
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