Pharma BD Deal Intelligence

Merck & Co. Inc. / AstraZeneca PLC

2017 · Co-Development · $8.5B · Complete

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Jul 27, 2017 After MYSTIC miss, AstraZeneca taps Merck in $8.5B cancer deal - BioPharma Dive Neutral

AstraZeneca taps Merck in $8.5B cancer deal to co-develop and co-commercialize Lynparza both as monotherapy and in combination with their respective PD-L1 and…

Apr 24, 2026 BioPharm International Bullish

AstraZeneca and Merck enter an $8.5 billion oncology collaboration combining Lynparza with each company's immuno-oncology assets, reflecting the growing…

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Merck and AstraZeneca formed a global strategic oncology collaboration to co-develop and co-commercialize Lynparza (olaparib) and selumetinib. Merck paid $1.6B upfront plus $750M for license options, with up to $6.15B in regulatory and sales milestones. The companies share development costs and profits for both solo and combination therapies with their respective PD-1/PD-L1 agents.

Key facts

Related deals — scored

DealYearValueOutcome
Merck & Co. Inc. / AstraZeneca PLC (this deal)2017$8.5B87
Merck & Co. Inc. / Acceleron Pharma Inc.2021$11.5B90
Merck & Co. Inc. / Peloton Therapeutics Inc.2019$2.2B88
Merck & Co. Inc. / Moderna, Inc.2022$250M86
Merck & Co. Inc. / Moderna, Inc.2016$250M84
Merck & Co. Inc. / Eisai Co., Ltd.2018$5.8B83
Merck & Co. Inc. / Prometheus Biosciences Inc.2023$10.8B77

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