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Replies to #64100 on Biotech Values

grandpatb

07/10/08 7:15 AM

#64101 RE: DewDiligence #64100

Rohm & Haas acquired by Dow Chemical @$78 up from yesterday's close @$44. (CNBC)




gym gravity

07/10/08 10:59 AM

#64108 RE: DewDiligence #64100

euro-yen buying up companies on the cheap dollar too? lemme think about how this works out in terms of $ and euros... tomorrow maybe.


DewDiligence

07/15/08 10:37 AM

#64296 RE: DewDiligence #64100

Recent Biotech Buyouts at a Large Premium

[Added LEVP.]
 
Acquired Premium Deal iHub
Company Buyer to Market Value Date Reference

KOSN BMY 233% $190M 5/08 #msg-29647147
COLY PFE 167% $165M 11/07 #msg-24600805
IOMI Intercell 147% $190M 5/08 #msg-29232165
BTRX Stiefel 136% $150M 6/08 #msg-30201906
SGXP LLY 119% $64M 7/08 #msg-30547648
ENCY PFE 118% $350M 2/08 #msg-26978155
TRCA Ipsen 104% $660M 6/08 #msg-29795183
Speedel NVS 94% $880M 7/08 #msg-30588524
SIRT GSK 85% $620M 4/08 #msg-28705020
Jerini Shire *71% $520M 7/08 #msg-30452872
MLNM Takeda 53% $8.8B 4/08 #msg-28365383
LEVP VPHM ††49% $440M 7/08 #msg-30704409
APPX Fresenius †29% $940M 7/08 #msg-30498388

*199% premium to volume-weighted
price during preceding 3 months.

†Premium reaches 63% if earn-out met.

††Premium reaches 103% if earn-out met;
base price subject to collar.