Replies to post #61638 on Biotech Values

[DewDiligence]

I don’t have a strong opinion one way or the other on the MLNM buyout or the HGSI drug “swap” with GSK. Sorry for the delay in replying.

[microcapfun]

>>Dew-what is your take on the MLNM deal. I know that there is some discontent on some of the message boards for MLNM not entertaining other offers.<<

MLNM got more than they deserved. They have one drug on the market that they bought, and a pipeline that has failed to produce anything worthwhile since the time of Jesus.

I think Takeda overpaid and MLNM knew darn well nobody else was stupid enough to pay more.

micro