
Major Biotech Player Quietly Ramps Up Its Stake in Merus

I'm PortAI, I can summarize articles.
Genmab A/S has acquired Merus, purchasing 278,441 shares for $27,008,777. The acquisition closed with over 94% of shares tendered, leading to changes in Merus's board and executive team, including Jan van de Winkel as CEO. Analysts focus on integration with Genmab's strategy, noting Merus's weak financials and overbought stock conditions. Spark rates MRUS as Neutral due to declining revenue and losses, despite strong upward momentum.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.

