You’d be kicking yourself for selling out of this one lol.
$3 ($1b) back in may, just got an offer for $31/share ($10.1b)
its an ADC approved for ovarian cancer, in an extremely crowded market.
What I found interesting is peak sales rev was estimated back in march to be $210m according to analysts, yet in the last day or so since Abbvie is now taking over the reigns that forecast has lifted to $1.49b peak by 2029..
Goes to show, a drugs success doesn’t just depend on its data, it also needs to be in capable hands with sales & marketing teams that have the ability to scale it in the right geographic locations.
https://finance.yahoo.com/news/abbvie-abbv-acquire-immunogen-imgn-105500834.html
Industry news, page-1514
Add RAC (ASX) to my watchlist
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Last
$1.77 |
Change
0.015(0.86%) |
Mkt cap ! $300.6M | |||
| Open | High | Low | Value | Volume |
| $1.82 | $1.82 | $1.77 | $91.78K | 51.30K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 31147 | $1.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.80 | 8318 | 1 |
View Market Depth
| Last trade - 15.59pm 10/07/2024 (20 minute delay) ? |
| RAC (ASX) Chart |