For those short-sighted investors who are selling their IMU shares at 5.5cents today ... take a look at the terms of Roche's acquisition just 4 days ago of Promedior:
Roche are paying an Upfront CASH payment of USD$300 million with contingent payments thereafter of up to USD$1 BILLION based on achieving certain milestones.
With CF33 & CheckVacc, HER-Vaxx, PD1-Vaxx all in human trials next year why on earth would you sell your IMU shares now????
Promedior Says To Be Acquired By Roche
Nov 15 (Reuters)
* PROMEDIOR ENTERS INTO DEFINITIVE MERGER AGREEMENT TO BE ACQUIRED BY ROCHE
* PROMEDIOR - TOTAL TRANSACTION VALUE OF UP TO $1.39 BILLION
* PROMEDIOR - UNDER TERMS OF MERGER AGREEMENT, ROCHE WILL MAKE UPFRONT CASH PAYMENT OF USD390MILLION
* PROMEDIOR - ROCHE WILL OBTAIN RIGHTS TO PROMEDIOR’S ENTIRE PORTFOLIO OF MOLECULES FOR SERIOUS FIBROTIC DISEASES, NOTABLY PRM-151
* PROMEDIOR - DEAL CONSIDERATION ALSO HAS ADDITIONAL CONTINGENT PAYMENTS OF UP TO $1 BILLION BASED ON ACHIEVEMENT OF CERTAIN MILESTONES
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More M&A in Biotech Sector - Roche to acquire Promedior!
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Mkt cap ! $578.2M |
Open | High | Low | Value | Volume |
8.2¢ | 8.3¢ | 7.7¢ | $1.357M | 17.06M |
Buyers (Bids)
No. | Vol. | Price($) |
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7 | 735848 | 7.9¢ |
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Price($) | Vol. | No. |
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8.0¢ | 328052 | 7 |
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9 | 615375 | 0.078 |
13 | 995947 | 0.077 |
8 | 506146 | 0.076 |
21 | 865549 | 0.075 |
Price($) | Vol. | No. |
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0.080 | 328052 | 7 |
0.081 | 871814 | 10 |
0.082 | 871383 | 6 |
0.083 | 486579 | 8 |
0.084 | 535444 | 5 |
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Change
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