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Merck Buys Mirus Bio for $600 Million

Merck is acquiring Mirus Bio for $600 million to accelerate growth in revolutionary technologies. CEO Belén Garijo aims to make cell and gene therapies accessible globally. Mirus Bio’s CEO highlighted their innovation in nucleic acid delivery. This acquisition will enhance Merck’s solutions for viral vector manufacturing, supporting the lucrative and rapidly growing market for advanced therapies.




Merck expands. The German multinational has signed the definitive agreement to acquire Mirus Bio for $600 million (about 550 million euros) . The president of the executive board and CEO of Merck, the Spanish Belén Garijo, has declared that this is a strategic acquisition to “accelerate the growth of the revolutionary technologies of the future.”

The first executive explained that her objective is “to make the important potential of cell and gene therapy available to patients around the world. ”

For his part, the CEO of Mirus Bio stated: “ We have been promoting innovation in the administration of nucleic acids for two decades; “Merck’s broad portfolio, scale and global reach, combined with our leading transfection reagents, will allow us to serve more customers and help more patients around the world.”

“This purchase will help us accelerate the growth of the revolutionary technologies of the future” Merck says

As they have conveyed in a statement, “ the acquisition of Mirus Bio is an important step for Merck to offer solutions for each and every step of viral vector manufacturing to advance cell and gene therapies, from the preclinical phase to commercial production.

Cellular and gene therapies, antibody conjugate drugs or mRNA, are modalities that are generating lucrative markets for the pharmaceutical sector . According to Merck’s statement, “the global market for process products for these modalities is expected to grow around 20% annually ; “The number of cell and gene therapies in development has doubled since 2019, and more and more are advancing to the commercial phase.”

To support the bet, Merck opened its second viral vector manufacturing plant in 2021, California. The one hundred million euro investment doubled the company’s ability to support large-scale commercial and industrial manufacturing of these therapies. They also invest in research and development “so that their clients can market new curative treatments.”


(Featured image by Precondo CA via Unsplash)

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First published in PlantaDoce. A third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

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Eva Wesley is an experienced journalist, market trader, and financial executive. Driven by excellence and a passion to connect with people, she takes pride in writing think pieces that help people decide what to do with their investments. A blockchain enthusiast, she also engages in cryptocurrency trading. Her latest travels have also opened her eyes to other exciting markets, such as aerospace, cannabis, healthcare, and telcos.