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bbotcs

07/05/24 1:19 PM

#114116 RE: wadegarret #114111

wadegarret: GERN
Since they just received FDA approval of the MDS drug, it would be at LEAST a year before a takeover offer, imo. First, they have to go through the labeling process with the FDA, which will take months and months, I believe. Next, it will take time for sales of the drug to increase.
BHVN's blockbuster drug Nurtec (acquired by Pfizer) took 3 quarters to see rising sales number.
No rush to buy GERN, imo.