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Merck gets $700M from Blackstone to advance cancer drug sac-TMT in 15 trials, keeping full control.
Merck has secured $700 million from Blackstone Life Sciences to advance its experimental cancer drug sacituzumab tirumotecan (sac-TMT), which targets the TROP2 protein in 15 late-stage trials across breast, endometrial, lung, and other cancers.
The funding, to be disbursed through 2026, supports development costs, with Blackstone eligible for low-to-mid single-digit royalties on U.S. sales if sac-TMT gains approval for first-line treatment of triple-negative breast cancer.
Merck retains full control over the drug’s development, manufacturing, and commercialization, and the deal does not affect its existing partnership with Sichuan Kelun-Biotech.
Merck obtiene $ 700 millones de Blackstone para avanzar en el medicamento contra el cáncer sac-TMT en 15 ensayos, manteniendo el control completo.