Deal facts
- Buyer
- Merck
- Target
- Terns Pharmaceuticals, Inc.
- Deal value
- Not disclosed
- Announced
- 5 May 2026
- Status
- Completed
- Sector
- Healthcare
- Country
- United States
- Consideration
- cash
Sources
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1 update- CompletedClosed
Merck completes acquisition of Terns Pharmaceuticals, Inc.
Introductory Note As previously disclosed in the Current Report on Form 8-K filed with the Securities and Exchange Commission (the “ SEC ”) by Terns Pharmaceuticals, Inc., a Delaware corporation (“ Terns ”), on March 25, 2026, Terns entered into an Agreement and Plan of Merger (the “ Merger Agreement ”), dated as of March 24, 2026, with Merck Sharp & Dohme LLC, a New Jersey limited liability compa
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Buyer history
Merck
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