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DewDiligence

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DewDiligence

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Re: DewDiligence post# 247127

Tuesday, 12/12/2023 10:53:17 AM

Tuesday, December 12, 2023 10:53:17 AM

Post# of 252666
AZN acquires ICVX for $15/sh cash +CVR—a 43% premium to yesterday’s close (excluding the CVR):

https://www.businesswire.com/news/home/20231212478740/en

ICVX’s lead program is a combination vaccine for RSV and hMPV that AZN says is ready to go into phase-3 trials. The nominal deal value (excluding the CVR) is $800M.

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

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