Replies to post #403728 on Anavex Life Sciences Corp (AVXL)

[ExtremelyBullishZig]

LOL

[BIOChecker4]

I doubt Missling got any offer from BIIB or that he would have turned down a reasonable offer. If the study had been successful and BIIB had made an offer that Missling would not take, Biogen would have bought the company at a substantial premium to the stock price at the time. Also, I can’t imagine Anavex would have entered into the MTA without at least having an agreement in principle with Biogen on the terms of a collaboration if the remyelination study proved successful. I think the most likely result was that Biogen felt the study results did not warrant further investigation and the MTA ended.

[plexrec]

"Or TGD turned down BIIB's offer."--most logical explanation--can't buy gold with peanuts !!!!

[sumbuysumsell]

As a former long term investor in BIIB (ended ~10 years ago) I can recall articles outlining how BIIB at that time had established a reputation for low balling offers for partnerships or other M&A activities. These articles weren't saved so this should go down as IMO.

[Rubyred77]

BIIB wanted to see what they were up against.
Notice how quickly they pushed those ineffective therapies up for approval.