Merck & Co Inc (TSX:MRK)
C$ 28.29 -0.030 (-0.11%) Market Cap: 441.77 Bil Enterprise Value: 503.48 Bil PE Ratio: 35.49 PB Ratio: 6.78 GF Score: 64/100

Merck & Co Inc to Acquire Terns Pharmaceuticals Inc Transcript

Mar 25, 2026 / 12:00PM GMT
Release Date Price: C$26.92 (+3.06%)
Operator

Thank you for standing by. Welcome to the Merck & Company Inc. Rahway New Jersey USA Investor Event announcing the acquisition of Terns Pharmaceuticals.

(Operator Instructions)

This call is being recorded. If you have any objections, you may disconnect at this time. I would now like to turn the call over to Mr. Peter Dannenbaum, Senior Vice President, Investor Relations. Sir, you may begin.

Peter Dannenbaum
Merck & Co Inc - Senior Vice President, Investor Relations

Thank you, Amanda. Good morning, everyone. Welcome to Merck's investor call highlighting the announced acquisition of Terns Pharmaceuticals. Before we get started, I'd like to remind you that some of the statements that we make today may be considered forward-looking statements. Such statements are made based on the current beliefs of our company's management and are subject to significant risks and uncertainties.

If our underlying assumptions prove inaccurate or uncertainties materialize, actual results may differ materially from those set forth in the forward

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