UPDATE: Merck (MRK) Enters Race for Medivation (MDVN) - Reuters

August 17, 2016 12:55 PM EDT

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(Updated - August 17, 2016 12:59 PM EDT)

Merck (NYSE: MRK) is one of at least five pharmaceutical companies that submitted indications of interest in buying Medivation (Nasdaq: MDVN), according to Reuters, citing people familiar.

Sanofi (NYSE: SNY), Pfizer (NYSE: PFE), Gilead Sciences (NASDAQ: GILD), and Celgene (NASDAQ: CELG) also indicated expressions of interest, the report said.

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