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Bio-tech

Merck Takes Over Acceleron, Tests COVID Pills

23 November 2021

The bio-tech giant Merck said it completed its $11.5 billion acquisition of Acceleron Pharma, the biggest bio-tech deal of the year so far. The acquisition of Acceleron was met with some resistance, including objections from some Acceleron stakeholders who believed that the per-share price for the company was too low, given the potential of Acceleron’s Phase III pulmonary arterial hypertension (PAH) drug sotatercept.

Merck is also pushing to get its oral COVID-19 pill to market; it posted data on patient trials earlier this month and got approval from the US Food and Drug Administration. Now, another two weeks down the line, the European Medicines Agency (EMA) is starting a rolling review of the drug, molnupiravir.

The EMA will use the rolling review to assess quality, safety and effectiveness data as they become available, continuing until Merck has enough evidence to file an application. It is unclear how long the rolling review or final assessment will take.

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