BRIEF-Merck & Co To Acquire Caraway Therapeutics

Merck & Co Inc: * MERCK TO ACQUIRE CARAWAY THERAPEUTICS, INC.

* MERCK & CO INC: PROPOSED DEAL FOR TOTAL POTENTIAL CONSIDERATION OF UP TO $610 MILLION * MERCK & CO INC - UPFRONT PAYMENT WILL BE EXPENSED BY MERCK IN Q4 OF 2023 AND INCLUDED IN NON-GAAP RESULTS.

* MERCK & CO INC: BOARD OF DIRECTORS OF CARAWAY THERAPEUTICS HAS APPROVED TRANSACTION * MERCK: CO, THROUGH UNIT, TO ACQUIRE ALL OUTSTANDING SHARES OF CARAWAY WITH EARNOUT MILESTONES ASSOCIATED WITH DEVELOPMENT OF CERTAIN PIPELINE CANDIDATES Source text for Eikon: Further company coverage: