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Benzinga
Benzinga
Business
Vandana Singh

Genmab Makes $8 Billion Bet On Merus With Potential Cancer Breakthrough

Genmab Merus Cancer Nasdaq GMAB William Blair
Genmab

Genmab A/S (NASDAQ: GMAB) on Monday agreed to acquire Merus N.V. (NASDAQ: MRUS) with its late-stage asset petosemtamab, which is in Phase 3 development, for $97 per share in an all-cash transaction representing a transaction value of approximately $8 billion.

The transaction is anticipated to close by early in the first quarter of 2026.

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