Verona Pharma (VRNA) Skyrocket 20.6% on the merger agreement of $ 10 billion with Merck

ahsan65@gmail.comJuly 10, 2025

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Verona Pharma (VRNA) Skyrocket 20.6% on the merger agreement of $ 10 billion with Merck

Verona Pharma PLC (Nasdaq: VRNA) is one of the 10 stocks are unleashed.

Verona Pharma jumped 20.62% Wednesday, Verona Pharma ended up at $ 104.77 per share following the news that it was acquired by the American pharmaceutical company Merck for $ 10 billion.

In a statement, Merck said it had concluded a final agreement with Verona Pharma PLC (Nasdaq: VRNA), under which the first, through its subsidiary, acquires the company’s American deposit actions at a price of $ 107 each.

“This acquisition of Verona Pharma reflects the commitment that we have to provide innovative treatment to patients and our ability to execute our business development strategy led by science and value,” said Merck’s president-director Robert Davis.

For his part, the president and chief executive officer of Verona Pharma PLC (Nasdaq: VRNA), David Zaccardelli, declared that the agreement “is the culmination of years of development and determination by the Pharma of Verona teaming Ohtuvayre, the first new unhale mechanism for the treatment of MPOC maintenance in two decades.”

Verona Pharma (VRNA) Skyrocket 20.6% on the merger agreement of $ 10 billion with Merck

A patient from a clinic, taking a dose of medication from a nebulizer to treat a respiratory disease.

“Since the launch of Ohtuvayre in August 2024, we have found a quick and accelerated adoption in the United States. We believe that Merck’s commercial imprint and advanced clinical capacities will help speed up Ohtuvayre potential to reach more patients living with COPD.

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Disclosure: None. This article is initially published at Initiate monkey.