Cempra, Inc. (CEMP)

[shub]

The market wasn't at all fond of the merger announcement. Down 22%.
Why we didn't ally with a company with some major marketing/sales establishment resources is beyond me.
The possible advantage is getting rid ( at considerable cost) of management but we get an unknown set instead.
Melinta seems to come with considerable built in liability and a poor long term prospect.
Hope they are bringing a whole lot of cash to the deal.