Expectations were high that Merck & Co., Inc. would confirm recent rumors and announce alongside its second quarter earnings report on 28 July that it is purchasing Seagen Inc. Hopes were dashed, however, when no acquisition was revealed and as a result Merck’s stock price closed slightly lower despite the company’s strong Q2 performance.
Merck reported $14.6bn in second quarter sales, up 28% from the same period in 2021 and beating analyst consensus of...








