Biotech/Pharma Stocks; Merck (NYSE:MRK) to Acquire Inspire Pharmaceuticals, Inc. (NASDAQ:ISPH)

WHITEHOUSE STATION, N.J. & RALEIGH, N.C. - April 5, 2011 (Investorideas.com Newswire) - Merck MRK, known as MSD outside the United States and Canada, and Inspire Pharmaceuticals, Inc. ISPH today announced that they have entered into a definitive agreement under which Merck will acquire Inspire, a specialty pharmaceutical company focused on developing and commercializing ophthalmic products.