RE:TLT 2022Yes and TLT's IP is worth more IMO, especially to Merck. They'd be smart to buy TLT to protect their Keytruda product.
Mikee3003 wrote: Our turn coming.....
12:44 PM EST, 03/04/2021 (MT Newswires) -- Amgen (AMGN) entered a $1.9-billion acquisition deal with Five Prime Therapeutics (FPRX) to strengthen its oncology portfolio and support its strategic global expansion, according to the companies' joint statement on Thursday. Thousand Oaks, California-based Amgen will acquire Five Prime at $38 per share, a premium to the biotechnology company's closing price of $21.26 on Wednesday. The shares of South San Francisco, California-based Five Prime surged 78% on Thursday afternoon.
The deal includes Five Prime's bemarituzumab, a targeted antibody being developed for the treatment of gastric cancer. Amgen plans to expand its presence in the Asia-Pacific region, particularly in Japan, to boost the potential of the therapy.