Ann: LEO Pharma to acquire Peplin for US$287.5m , page-6

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    re: Ann: LEO Pharma to acquire Peplin for US$... Finally! Not a great price but will be a boost to the sector. Many investors have made big money in the biotech sector recently. Hopefully the valuations of the good biotechs will now increase.

    PLI is trading at a substantial discount to the offer but I expect the gap will close.
 
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