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DewDiligence

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DewDiligence

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Re: None

Wednesday, 09/06/2017 8:38:38 AM

Wednesday, September 06, 2017 8:38:38 AM

Post# of 866
MRK acquires private I-O company for €115M up-front and €349 in contingent milestone payments:

https://finance.yahoo.com/news/merck-acquire-rigontec-rig-therapeutics-103000725.html

Merck…and Rigontec today announced that Merck will acquire Rigontec. Rigontec is a pioneer in accessing the retinoic acid-inducible gene I (RIG-I) pathway, part of the innate immune system, as a novel and distinct approach in cancer immunotherapy to induce both immediate and long-term anti-tumor immunity.

Rigontec’s lead candidate, RGT100, is currently in Phase I development evaluating treatment in patients with various tumors.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
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