The REGN-CMPI deal has the second-highest premium among all biotech buyouts since 2008 with a deal value >=$200M, trailing only AGN-TBRA (#msg-168586536).
On the other hand, CMPI’s closing price yesterday was down 81% from its 2020 IPO (#msg-157450928), so even the 336% premium being paid by REGN amounts to a substantial discount from the IPO price.
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