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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

Post by xqxon Nov 19, 2015 11:30am
210 Views
Post# 24305402

Will Ipsen acquire Telesta?

Will Ipsen acquire Telesta?Would make much sense. Telesta market cap now US$ 52 mio. If Ipsen buys Telesta, they get all the Telesta cash (US$ 30 mio), save potential US$137 mio in upfront and milestone payments and get MCNA on their own. So if they believe in MCNA, that imho is the only logical next step...

From the release:

"We will discuss appropriate next steps internally and with our development partners, including our ex-US global partner Ipsen and communicate this strategy to our shareholders in the weeks to come." 

So we will hear about that before FDA... Think we are at the bottom now. 

xqx
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