Brief: Personalis Advances Business Strategy With Investment From Merck And Extends Collaboration With Moderna

Personalis

19/12/2024 14:17

Dec 19 (Reuters) - Merck & Co Inc  MRK.N :
    * PERSONALIS ADVANCES BUSINESS STRATEGY WITH INVESTMENT FROM
MERCK
AND EXTENDS COLLABORATION WITH MODERNA
    * MERCK HAS AGREED TO PURCHASE $50 MILLION OF PERSONALIS
COMMON
STOCK IN A PRIVATE PLACEMENT AT A PRICE OF $3.56 PER SHARE
    * MERCK TO OWN 16.5% OF PERSONALIS AFTER CLOSING

Source text:  ID:nBw2BnlJ8a 
Further company coverage:  MRK.N 

 ((Reuters.Briefs@thomsonreuters.com;))