Denmark's Genmab A/S (GMAB) is in advanced negotiations to acquire Merus NV (MRUS), a Dutch biopharmaceutical company developing treatments for head and neck cancer, Bloomberg reported citing people familiar with the matter.
Merus, listed on Nasdaq with a market capitalization of approximately $5.1 billion, has attracted takeover interest from several major pharmaceutical firms in recent weeks and may announce a deal within days, the report said.
If completed, the acquisition would mark the largest in Genmab's history.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.