Merck Hops Onto PD-1/VEGF Train, Committing up to $3B Plus in LaNova Deal

Despite recent enthusiasm around the PD-1/VEGF space, BMO Capital Markets analyst Evan Seigerman noted that Merck’s pact with LaNova Medicines is more “conservativism” on the pharma’s part, rather than confirmatory of recent data in the drug class.

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