Post by
xqx on Nov 19, 2015 11:30am
Will Ipsen acquire Telesta?
Would make much sense. Telesta market cap now US$ 52 mio. If Ipsen buys Telesta, they get all the Telesta cash (US$ 30 mio), save potential US$137 mio in upfront and milestone payments and get MCNA on their own. So if they believe in MCNA, that imho is the only logical next step...
From the release:
"We will discuss appropriate next steps internally and with our development partners, including our ex-US global partner Ipsen and communicate this strategy to our shareholders in the weeks to come."
So we will hear about that before FDA... Think we are at the bottom now.
xqx
Comment by
bigbird456 on Nov 19, 2015 11:31am
This post has been removed in accordance with Community Policy
Comment by
xqx on Nov 19, 2015 11:41am
Maybe, maybe not. We lost already 80% from the latest high (1,00 CAD to 0,20 CAd today). Bad news already received and in the short time no further risk imho.
Comment by
barneyj44 on Nov 19, 2015 11:45am
Ah the vultures have showed up, not a lot of volume all things considered.