Wednesday, February 17, 2021 7:16:06 AM
GSK puts up to $815M on the table for Surface Oncology's antibody.
https://www.fiercebiotech.com/biotech/gsk-puts-up-to-815m-table-for-surface-oncology-s-antibody
Surface Oncology (SURF) Explores Potential Sale After GSK Takeover Approach - Source
https://www.streetinsider.com/Hot+M+and+A/Surface+Oncology+%28SURF%29+Explores+Potential+Sale+After+GSK+Takeover+Approach+-+Source/17458243.html
Cathie Wood from ARKG has been buying SURF everyday a million share purchase in one day a few weeks back.
2021/2/16
ARKG 3,883,960 (+35,028)
9.55% of outstanding shares.
Novartis 9.71% holding.
Eli Lily holds 8.5% through LLV ventures fund.
Cash runway into 2023
Licensing agreements with $NVS $GSK and $MRK??
SRF617 (100% OWNED) - Targets CD39
SRF388 (100% OWNED) - Targets IL27
SRF813 (GSK 830M DEAL) - Targets PVRIG
NZV930 (Deal with Novartis)
SRF114 Targets CCR8
Cup and handle forming on the weekly!
Take a look at this chart get in before the pop to $15-$20
https://stockcharts.com/h-sc/ui?s=surf
$SURF
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