Post by
fox7mf on Aug 05, 2022 9:47am
Deals are abound!!!!
Biotechs are getting bought up at what seems like a weekly rate. Many post about these acquisitions here, suggesting they have to be good news for Onc. But...how much will BP spend before they've spent enough, and will Onc have a deal when it's over? I'm confident in the science...confident in the Parsons addition.. but I continue to worry that Coffey might be asking for too much.
Comment by
Lesalpes29 on Aug 05, 2022 10:29am
Deal for CAR-T or something else are really possible. A good buyout offer at this time, I don't see it. Patience needed!
Comment by
fox7mf on Aug 05, 2022 10:51am
It's interesting how you don't see a competitive buyout offer for a biotech with possibly two ph3's on the horizon, when preclinicals in similar spaces are being gobbled up in multi billion dollar deals. We'll see I guess.
Comment by
Lesalpes29 on Aug 05, 2022 11:10am
It's the other possibilty... biding war.
Comment by
Kswdelux on Aug 05, 2022 1:15pm
Exactly !!! it is all very intersting to see Roche's direction with all these areas that seem to surround Pela's ability to make all of thier directions work better. That is why I am personally thinking Roche will step up. But only time will tell.
Comment by
Buckhenry on Aug 05, 2022 1:39pm
I have been a long term holder. I am thinking Matt wants at least 5 Billion. But he only can hold out so long. Thoughts?
Comment by
Lesalpes29 on Aug 05, 2022 2:38pm
I would take less than 2.5B!
Comment by
westcoast1000 on Aug 05, 2022 8:00pm
I agree with Lesalpes. A figure of $2.5 bill is about $43 share price. $580 mil is about $10 share price.
Comment by
Lesalpes29 on Aug 06, 2022 8:30am
Don’t know but if the product prove to be effective in all studies that are going on, how can we prevent a cheap buyout. Of course, if results continue to be good the SP will follow and will be in a better shape. I’m concern about an hostile and cheap buyout.