‘Guided Missile Drugs’ Could Be Big Pharma’s Secret Weapon

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‘Guided Missile Drugs’ Could Be Big Pharma’s Secret Weapon
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Merck, Pfizer are the latest big pharma companies to invest in this booming area

Merck and Daiichi Sankyo agreed to jointly develop and commercialize three potential antibody-drug conjugates in a deal worth up to $22 billion.A true home run in the drug industry is when a company develops a mega-blockbuster that transforms its finances for years.

, a portfolio of medium-size moneymakers that can keep your name off the U.S. government’s naughty list can be a wise strategy.This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.

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