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DewDiligence

01/08/18 6:54 PM

#216440 RE: DewDiligence #215198

MRTX -8% despite inking Sitravatinib deal with BGNE for Asia/Pacific:

https://globenewswire.com/news-release/2018/01/08/1284828/0/en/BeiGene-and-Mirati-Therapeutics-Announce-Exclusive-License-Agreement-for-Sitravatinib-in-the-Asia-Pacific-Region.html

The up-front cash is only $10M, which could be the impetus for the sell-off.