Pharma

After Tesaro buy, GSK wades deeper into cancer unveiling big immunotherapy deal with Germany’s Merck

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GSK is muscling its way into the cancer big leagues, months after agreeing to shell out $5 billion for cancer drugmaker Tesaro. On Tuesday, the British drugmaker said it would co-develop a fusion protein immunotherapy — designed to offer fresh ways to fight difficult-to-treat cancers beyond the existing PD-1/PD-L1 class — with Germany's Merck KGaA in a deal valued up to about $4.2 billion.

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