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Biotech / Medical : Biotech for less than cash value
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To: rkrw who wrote (529)8/5/2019 6:36:59 PM
From: BulbaMan  Read Replies (1) of 684
 
Thanks RKRW, but not the kind of deal that I’m looking for. ;~)
Amount of RLM cash was limited (under $20 million) and deal has so far turned out poorly for both companies.
Meanwhile, if stocks/biotechs continue to plunge, biotechs with significant cash (e.g., > $100 million) will be able to get some promising pipelines cheap. We’ll see if such deals happen.
Peace & good health,
Bulba
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