Outlook Therapeutics Inc (OTLK)

[pfelgueiras]

$OTLK Buyout?
Where will NOVARTIS spend the $20.7B from Roche stake sale?

Novartis pharma division’s chief financial officer Mukul Mehta highlighted eye and respiratory diseases as possible areas for bolt-on deals, Welford noted in a Wednesday note after talking to the executive.

Novartis is getting a huge influx of cash from selling its 20-year stake in Roche, triggering speculation about where the Swiss pharma will spend the money $20,7B

What will it be next NOVARTIS M&A move? ...OTLK?

Another large acquisition could be next, with a familiar face now reportedly on the shopping list.

Buy on rumors, sell on news!

See more information about OTLK at r/OTLK_Investors

Oncology belongs to a different division at Novartis.