Biotech for less than cash value Message Board

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Biotech / Medical : Biotech for less than cash value

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To: scaram(o)uche who wrote (550)	12/19/2019 1:09:10 PM
From: BulbaMan	of 684

Hi Rick, I’ve met ADRO’s CEO, Steve Isaacs, a number of times and think he’s a good guy. At 71, my intuition is he’ll try to retire on a high note by using ADRO’s cash to get a piece of another drug with great potential (either via merger or a partnership). As for their anti-APRIL drug, Steve was of course optimistic when I spoke to him about a month ago. But my bet on ADRO is much more on him using the $230 million in cash to do a smart deal. Peace & good health, Bulba

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