Biotech Values

[mcbio]

Thanks to DD and jq for the 1B/Shelf Info. I wouldn't expect a big premium if VRUS were taken over at this point (for that matter nor for ITMN). Just a guess but I would say in the ~20% range. For what its worth I think it would be a bit of risk still for someone to take over VRUS.

I agree that there's a bit of risk at this valuation. However, I'd be surprised if VRUS succumbed to just a ~20% buyout premium. Notwithstanding the risk, they have a nice cash hoard which really increases buyout leverage in their favor IMO. If someone really wants them, I imagine they'll have to pay more of a premium to get them.