RE:RE:Allergan back in acquiring mode.Red5Luke wrote: Nice to see them back in buying mode.
Hopefully they are so intrigue by Sirona's unique fluorination chemistry process they want to buy the whole company lock stock and barrel for some obscenely large amount! Dare to dream - it's Friday! :)
GLTA.
Yes, see also the news from 6. April 2016:
Allergan and Heptares Announce Global R&D and Commercialization Partnership for Novel Treatments in Alzheimer's and Other Neurological Disorder
-- Adds Selective Muscarinic Agonists Discovered and Developed by Heptares to Allergan's Leading CNS Pipeline -- -- Reinforces Allergan's Commitment to Development of Treatments for Alzheimer's Disease and Other Neurological Disorders -- -- Heptares Eligible to Receive Upfront, R&D and Milestone Payments, Plus Royalties --
https://www.allergan.com/NEWS/News/Thomson-Reuters/Allergan-and-Heptares-Announce-Global-R-D-and-Comm
Under the terms of the agreement, Heptares will receive an upfront payment of $125 million and is eligible to receive contingent milestone payments of up to approximately $665 million associated with the successful Phase 1, 2 and 3 clinical development and launch of the first three licensed compounds for multiple indications and up to approximately $2.5 billion associated with achieving certain annual sales thresholds during the several years following launch.
-------- If Allergan or not Allergan, it seems there is more movement comes in the cosmentic market. All majors companies want and/or need to grow to satisfy their shareholders.
Have a nice weekend :)