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DewDiligence

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DewDiligence

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Re: DewDiligence post# 245866

Tuesday, 04/11/2023 11:08:34 AM

Tuesday, April 11, 2023 11:08:34 AM

Post# of 257469
FTC wants_more_time_to_review SNY-PRVB deal:

https://www.globenewswire.com/news-release/2023/04/10/2643960/0/en/Press-Release-Sanofi-announces-withdrawal-and-refiling-of-Premerger-Notification-and-Report-Form-under-the-HSR-Act-and-extension-of-tender-offer-to-acquire-Provention-Bio-Inc.html

I don’t see any deal-killing issues here; however, the FTC is taking nothing for granted when it comes to drug/biotech mergers.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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