Seeking Alpha

Report: Merck explores $15B drug portfolio sale

  • Merck (MRK) is considering the potential sale of a portfolio of off-patent drugs which could command more than $15B, Reuters reports.
  • MRK, which also is in the process of selling its $14B consumer healthcare unit, is said to be working with an investment bank on the potential sale of the portfolio of mature drugs, which could draw interest from generic drugmakers.
  • The sale process would underscore efforts by large drugmakers to shed smaller divisions they view as non-core so they can better focus on their mainstay products.
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