My guess is that a take-over of Avexa is neither particularly likely nor desirable, accordingly the market cap. wouldn't be a factor in a major player coming on board.
I presume that Avexa's strategy is directed toward getting an income from royalties, allowing them to keep swilling test-tubes to their hearts' content - there's enough junior projects in the pipeline to keep them busy, even looking beyond Integrase.
That said, a take-over offer would certainly get my attention!
P.
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