Aurinia Pharmaceuticals Inc (AUPH)

[moosedogger]

Why no deal has been done or will be done until.....

Probably every stockholder has a BO theory.......here's what I think at the moment:

Nothing happens until the 2037 patent issue is resolved because the stakes (values) are too big until a verdict is rendered.

True enough that Lupkynis has been slow out of the gate, but it easily could become a $1B plus drug over time. The key to obtaining a high value therefore lies in securing a long patent life, which gives Lupkynis time to become SOC, etc.

BP doesn't want to pay big $$$ if the 2037 patent extension is thrown out, and AUPH doesn't want to give this wonder drug away for chump change, which is what I'm guessing BMY offered.

FWIW
GLTA