Otsuka Pharma (Japanese) just bid CAD$80m (Aussie $90m) for...

Otsuka Pharma (Japanese) just bid CAD$80m (Aussie $90m) for Mindset Pharma to acquire their pre-clinical pipeline of psychedelic assets. Otsuka has a US$20 billion market cap and paid cash for this acquisition, which is the equivalent of IXHL’s entire EV.

Otsuka is a company to watch IMO, they are getting innovative and aggressive in the neurology space.

Start reading between the lines, form an opinion on value and watch what happens when this company hits the NASDAQ properly.