Tag Archives: Merck

And one really does make sense

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Pfizer.  AstraZeneca.  Eli Lilly. Novartis.  GlaxoSmithKline (GSK) .  And, now Bayer and Merck.

Bayer will be taking over the consumer care (and non-prescription drug) business of Merck.  For $ 14.2 billion, Bayer will be come the second largest provider of OTC (over-the-counter) products;’ second mostly because of the merger of Novartis and GSK that we discussed yesterday.  And, there’s another part of this deal- Bayer will co-develop a series of cardiovascular therapies (for which Merck will shell out about $ 2 billion).

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