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Merck Inc., to acquire Imago BioSciences and with it IMG 7289 treatment for essential thrombocythemia, myelofibrosis and polycythemia vera.

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Published:22nd Nov 2022

Merck Inc., and Imago BioSciences, Inc. announced that the companies have entered into a definitive agreement under which Merck Inc., through a subsidiary, will acquire Imago for $36.00 per share in cash for an approximate total equity value of $1.35 billion

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, is currently being evaluated in multiple Phase II clinical trials for the treatment of essential thrombocythemia (ET), myelofibrosis (MF), and polycythemia vera (PV), in addition to other indications.

Type: industry

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