As per reports, Merck & Co., Inc. (MRK) has completed the acquisition of Pandion Therapeutics, Inc, for all of the outstanding shares of the common stock of Pandion Therapeutics, Inc at $60 per share through a subsidiary after successful completion of the cash tender offer. Pandion is set to become a wholly-owned subsidiary of Merck on the completion of the merger. The common stock of Pandion will no longer be traded or listed on the Nasdaq Global Select Market.
Merck & Co., Inc. (MRK) is a global healthcare solutions provider that has been working towards bringing forward medicine and vaccines for some of the world’s most challenging diseases for more than a century. They are committed to increasing health care access and continue to be at the leading edge of research. Merck has the industry’s largest immuno-oncology clinical research program. To learn more about Merck (MRK) and to track its ongoing progress please visit the Vista Partners Merck Coverage Page.
If you liked this story please consider, visiting the Atossa Therapeutics (ATOS) dedicated page at Vista Partners to learn about the Seattle-based biotech firm’s work towards finding therapeutic treatments for Breast Cancer and the Coronavirus.
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