Jan. 7 at 8:00 PM
$IBRX XBI up on news that
$ABBV is looking to buy
$RVMD, a clinical-stage precision oncology company that develops novel targeted therapies for RAS-addicted cancers, with a research and development pipeline of RAS(ON) inhibitors and RAS companion inhibitors designed for monotherapy or combination treatment strategies. Obviously good for
$XBI, especially oncology companies like
$IBRX.
https://www.wsj.com/business/deals/abbvie-near-deal-for-revolution-medicines-eca830a1?gaa_at=eafs&gaa_n=AWEtsqf3R7Hv9uAg6y0OlVPiTOdx2UdmIFNZUWunZngQVCpaE2OMgi4iVvZ4t8NPADk%3D&gaa_ts=695ebe28&gaa_sig=TOl2MA7E2jUtxFTUO5Xim3WjkdIx6OTS2QXo5cM8Q5F--PD2NONbCTJWMOxLXj6bUKeO_RC-w2xRLo7sH70qnw%3D%3D