Merck preaches the value of ‘focus’ as it spins off $6.5B women’s health, biosimilars units

5th February 2020 Uncategorised 0

Merck’s plan to shed its women’s health, biosimilars and legacy products in a spinoff will let the company focus on oncology and other fast-growing sectors, CEO Ken Frazier said. But Wall Street analysts worry the company still relies too much on immuno-oncology blockbuster Keytruda—and they’re not sure the spinoff will remedy that.

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Source: fierce