Biotech & Pharma

Merck reorganizes; Blackstone to fund trials for J&J drug

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Merck has restructured its human health division into two separate entities to streamline operations and boost innovation, while Blackstone will fund trials for a Johnson & Johnson drug, highlighting the increasing role of private equity in pharmaceutical research and development. This shift underscores the evolving landscape in pharmaceuticals, where strategic reorganizations and external funding are becoming crucial for advancing drug trials and maintaining competitiveness.

Read the full article at Endpoints News

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