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Merck to Buy Insulin Developer SmartCells

By Pharmaceutical Processing | December 2, 2010

WHITEHOUSE STATION, N.J. (AP) — Merck & Co. will buy
insulin developer SmartCells in a deal that may exceed $500 million if
development and regulatory milestones are met.

Merck says SmartCells is a private company developing a form of insulin that
responds only in a specific glucose concentration range. If successful, the
treatment may lower the risk of low blood sugar compared to standard insulins
and improve control over both fasting and post-meal glucose levels.

SmartCells CEO Dr. Todd Zion developed the company’s core technology at the
Massachusetts Institute of Technology.

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