SpringWorks rises after report Germany's Merck has made nearly $3.5 billion deal

ReutersApr 24, 2025 7:18 PM

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Shares of drugmaker SpringWorks Therapeutics SWTX.O rise 8.2% to $44.59

Germany's Merck KGaA MRCG.DE is nearing a roughly $3.5 billion deal for SWTX, the Wall Street Journal reports

Both companies have agreed on a price close to $47 per share, report says

Up to last close, SWTX up 14% YTD

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