BRIEF-Merck plans to end partnership arrangement with Alk Abello

Alk Abello A/S: * Stated on Tuesday MSD (called Merck in the United States and Canada) had actually informed
ALK of its strategies to end their collaboration arrangement * Stated all rights to GRASTEK, RAGWITEK and investigational home allergen SLIT-tablets for
U.S.A, Canada and Mexico to revert to ALK at no fee following six- month shift duration * Ongoing registration procedures for investigational HDM SLIT-tablet will continue

* North America stays major company opportunity and ALK will now undertake full strategic
analysis before deciding on modified method * Deal has no effect on ALK’s full-year outlook for 2016

* Acting CEO and Chairman Steen Riisgaard said: “The timing of this relocation is unexpected”

Source text: 2avKbQ0 More business coverage: (Gdynia Newsroom).

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