Merck to Take Part in the Jefferies Global Healthcare Conference in London
Upcoming Event: Merck executives Jannie Oosthuizen and Dr. Marjorie Green will participate in a fireside chat at the Jefferies Global Healthcare Conference in London on November 20, 2025, at 9:30 a.m. ET / 2:30 p.m. GMT, with a live audio webcast available for the public.
Company Overview: Merck, known as MSD outside the U.S. and Canada, focuses on using advanced science to improve global health through innovative medicines and vaccines, aiming to be a leading biopharmaceutical company.
Forward-Looking Statements: The announcement includes forward-looking statements that are subject to risks and uncertainties, which could lead to actual results differing from expectations due to various factors, including industry conditions and regulatory challenges.
Contact Information: Media and investor contacts are provided for further inquiries, including John Cummins and Michael Levey for media, and Peter Dannenbaum and Steven Graziano for investor relations.
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Merck to Acquire $30M Stake in Eikon Therapeutics
- Acquisition Plan: Merck is set to acquire approximately $30M worth of shares in Eikon Therapeutics, which is expected to grant it nearly a 10% stake, thereby enhancing Merck's positioning in the cancer biotech sector and increasing its market competitiveness.
- IPO Developments: Eikon Therapeutics filed for its U.S. IPO this week, seeking a valuation of up to $908M, which has attracted interest from both existing and new investors, indicating strong market confidence in its oncology pipeline.
- Leadership Background: Eikon is led by Roger Perlmutter, a former president of Merck Research Laboratories, along with several other ex-top executives from Merck, which may provide a robust foundation for Eikon's success in the competitive biotech landscape.
- Market Reaction: Although representatives from Merck and Eikon did not immediately respond to media inquiries, this acquisition news could positively impact the future market performance of both companies, particularly in terms of collaborative potential in cancer treatment.

Eikon Therapeutics Files for U.S. IPO Valued Up to $908 Million
- IPO Filing: Eikon Therapeutics has filed for a U.S. IPO seeking a valuation of up to $908 million with approximately 17.6 million shares offered, reflecting its ambitions in cancer drug development.
- Funding Target: The company aims to raise about $273.5 million in net proceeds (nearly $315.4 million including underwriters' option), which will provide crucial funding for its ongoing research and development efforts.
- Leadership Background: Eikon is led by Roger Perlmutter, former president of Merck Research Laboratories, along with several other ex-Merck executives, highlighting its strong expertise and experience in the biotech sector.
- Clinical Trial Progress: Eikon's lead drug, EIK1001, is expected to release initial data from a global Phase 2/3 registrational trial for advanced malignant melanoma in H2 2026, which could significantly advance the company's position in oncology treatment.






