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MKKGY Merck KGaA (PK)

32.72
0.00 (0.00%)
07 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Merck KGaA (PK) USOTC:MKKGY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 32.72 32.98 33.25 2 13:43:12

Merck KGaA Participates in EUR10 Million Funding Round for New Cancer Drugs

22/04/2020 2:43pm

Dow Jones News


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By Olivia Bugault

 

Merck KGaA's venture-capital arm M Ventures has been part of a 10 million euros ($10.8 million) seed round for FoRx Therapeutics, which is developing new cancer drugs.

Biotechnology company FoRx Therapeutics said Wednesday that M ventures, Novartis Venture Fund, Omega Funds, Life Sciences Partners and Pfizer Ventures participated in the funding round that is now closed.

FoRx Therapeutics is developing drugs targeting DNA replication stress for cancer, it said.

 

Write to Olivia Bugault at olivia.bugault@wsj.com

 

(END) Dow Jones Newswires

April 22, 2020 09:28 ET (13:28 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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