BioCentury
ARTICLE | Strategy

Good news for dealmakers

$14B consumer health sale gives Merck firepower to expand BD&L deals

May 12, 2014 7:00 AM UTC

While Merck & Co. Inc. continues its stepwise downsizing, the pharma is sending signals that the welcome mat is out for BD&L deals.

The pharma made good on its plan to seek alternatives for its consumer health business with last week's sale of the unit to Bayer AG for $14.2 billion...