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attilathehunt

03/18/23 2:34 PM

#577884 RE: W_W #577878

"Why did MRK drop the deal?"

If I recall properly (July 2022), Merck rumored to offer 40B as best and final and Seagan said 'No".


" Or did MRK find a better target?"

Perhaps, at the same time they were in negotiations, NWBO issued a rare PR on:

Northwest Biotherapeutics Announces Filing of Application for License for Commercial Manufacturing at Sawston, UK Facility...

Perhaps, Merck then realized NWBO is a lot closer to approval then previous thought and decided to withdraw offer to concentrate on NWBO.

Lots of speculation and maybe some truth.
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JTORENCE

03/18/23 4:01 PM

#577895 RE: W_W #577878

W_W Not familiar with SGEN, does the company have an approved FDA drug?
Bullish
Bullish