March 8, 2018 / 11:32 AM / a year ago

Germany's Merck seeks drug development partners

DARMSTADT, Germany, March 8 (Reuters) - German drugs and chemicals group Merck KGaA is open to sharing development costs for its mid-stage pharmaceuticals pipeline with external partners, it said on Thursday after flagging a decline in earnings this year.

“We are very open to partnerships ... we are in talks with many players,” Chief Executive Stefan Oschmann told a news conference after the release of fourth-quarter results, pointing in particular to evobrutinib, a so-called BTK inhibitor that suppresses autoimmune diseases such as rheumatoid arthritis. (Reporting by Ludwig Burger Editing by David Goodman)

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