RE:RE:Knight Therapeutics acquires minor stake in PediapharmGoodmans due diligence is about as good as you can get and Knight is the best possible partner to have, with all that experience and over $650 million in cash.
Eventually, PDP will be taken over by Knight.
Its an ideal proxy for how he built Paladin and sold it for $1.5 billion.....buying small pharmas with diversified drugs in safe markets and with cash on the balance sheet.
By my count PDP now have about $11 million in cash and liquid investments and will soon have more than 8 niche drugs in commercial sale increasing sales to $10 million within 18 months.
Very undervalued and unknown... What more can you ask for