SpringWorks Therapeutics Inc. has announced an update regarding its merger with Merck KGaA, Darmstadt, Germany. According to the company, the Merger Agreement, which was initially disclosed on April 27, 2025, has been approved by SpringWorks' board of directors. Under the agreement, EMD Holdings Merger Sub, Inc., a wholly owned subsidiary of Merck KGaA, will merge with SpringWorks, resulting in SpringWorks becoming a wholly owned subsidiary of Merck KGaA. The merger is anticipated to be completed in the second half of 2025, pending satisfaction of customary closing conditions.
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