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Merck to Acquire Imago BioSciences for $1.35B

Acquisition will expand Merck’s hematology portfolio, will add lead candidate bomedemstat, an investigational orally available (LSD1) inhibitor.

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By: Kristin Brooks

Managing Editor, Contract Pharma

Merck & Co. and Imago Biosciences, Inc. have entered into a definitive agreement under which Merck, through a subsidiary, will acquire Imago for approximately $1.35 billion in total equity value.   Imago is a clinical stage biopharmaceutical company developing new medicines for the treatment of myeloproliferative neoplasms (MPNs) and other bone marrow diseases. Imago’s lead candidate bomedemstat (IMG-7289), an investigational orally available lysine-specific demethylase 1 (LSD1) inhibitor,...

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