RE:NewsGriffMac wrote: Trillium Therapeutics (NASDAQ:TRIL) has jumped 43.6% postmarket after reports that Gilead Sciences approached Forty Seven (NASDAQ:FTSV) with a takeover offer.
Trillium is working on a medicine similar to that in Forty Seven's lead program (magrolimab), a monoclonal antibody against the CD47 receptor.
Forty Seven is valued at about 2.3Billion.....
Trillium has "much better medicine than our competitors" so.....
I understand that Trillium is still in development and proving their drug.... but if all goes well, they'll be worth much more then Forty Seven.... and Trillium's market cap is nowhere near 2.3Billion!!!