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Oncology - Pharma Deals News, page-135

  1. wombat777
    11,249 Posts.
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    26/02/21
    07:05
    Post #: 51344416
    Posted by @RitzyBusiness:

    In broader industry news...

    Merck takes a swing at the IL-2 puzzlebox with a $1.85B play for buzzy Pandion and its autoimmune hopefuls – Endpoints News (endpts.com)
    • all-cash deal is equivalent to $60 per share, a roughly 134% premium on Pandion’s Wednesday closing price
    • remarkable ROI for Pandion investors after the biotech went public back in July for just $135 million. That big jump partly underscores the sort of crazy money floating around in biotech
    • pharma giant’s (Merck's) intent to continue the search for the next big Keytruda follow-up...
    • Merck’s next-gen search for oncology blockbusters.


    https://hotcopper.com.au/posts/51343658/single

    see also:

    https://hotcopper.com.au/posts/51344381/single
    RAC Price at posting: $3.29 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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