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gene_genome

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Saturday, 09/25/2021 9:19:20 AM

Saturday, September 25, 2021 9:19:20 AM

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OrbiMed Advisors lowered its position in the biopharmaceutical company to 6,943,654 shares. Without citing a reason, OrbiMed sold 1,109,644 Corvus Pharmaceuticals shares on Sept. 20 at prices ranging from $6.01 to $6.09 per share. After the sale, OrbiMed now owns 16.4% of Corvus Pharmaceuticals’ tradable stock. Shares have rallied in recent days, and OrbiMed was selling at prices that were more than twice the previous week’s trading level.
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