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Merck & Co to spin off cancer unit ahead of Keytruda patent cliff
Merck & Co. is reportedly planning to spin off its oncology division to safeguard its broader healthcare business from the upcoming patent cliff of its blockbuster drug, Keytruda, in 2028. This strategic move aims to diversify the company as generic versions of Keytruda, which generated a significant portion of Merck’s 2025 revenue, are expected to enter the market. The new cancer business will be led by company executive Jannie Ossthuizien.