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TELESTA THERAPEUTICS INC T.TST

"Telesta Therapeutics Inc is a biopharmaceutical company. The Company is engaged in the research, development, manufacturing and commercialization of human health products and technologies."


TSX:TST - Post by User

Comment by Xiawen13on Mar 17, 2016 3:54pm
167 Views
Post# 24671874

RE:Buying a small US biotech

RE:Buying a small US biotech
Xiawen13 wrote: Ok just thinking out loud here.

the guy from TST clearly stated in the last press release that he was looking into a buying opportunity.

now, let s say TST buys a small Us biotech (like Heat Biologics, they are presently trying their stuff on bcg naive patient. They are running out of money and they have a market cap of 8MiL). So this way we could get a easy listing on Nasdaq trought a merger.

isnt it a probable scenario? Wouldnt it increase our value by exposing us to US market?

 
Maybe management followed my advice!! I sent them an email about that (for real) . The Heat Biologics stock is up 200% mid day and half the shares have been traded. Unfortunately i didnt own any cause i tought they would go bankrupt without a buyer
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