MSD spends $6.7bn to buy Terns Pharmaceuticals in cancer pipeline reinforcement

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Source: Pharmaceutical Technology

Original: https://www.pharmaceutical-technology.com/news/msd-spends-6-7bn-to-buy-terns-pha...

Published: Wed, 25 Mar 2026 14:49:36 +0000

MSD spent $6.7 billion to buy Terns Pharmaceuticals to bolster its pipeline of cancer drugs. [user query] Lead candidate Terns has shown "unprecedented data" in chronic myeloid leukemia, according to analysts. [user query] However, none of the sources provided mention the purchase of Terns Pharmaceuticals or this specific candidate data.[1][2][3][4][5] MSD has recently announced other acquisitions, such as the $10 billion purchase of Verona Pharma to expand its portfolio outside of oncology.[2][5] It is also considering a $28-32 billion takeover of Revolution Medicines for a pancreatic cancer candidate in early clinical trials.[1] The moves are related to expansion after Keytruda's patent expires in 2028.[2][3]