Jul. 8 at 1:39 PM
$IOVA ...Another biotech biting the dust? No, throwing in the towel more likely......
$CRGX at 52 lows being swallowed up by a private Concentra Bioscience with a 2-yr CVR thrown in....just noting the deal/terms,price,reasoning,etc....:) Hmmm....biotech 'vultures' do serve a purpose unfortunately....just saying. glta
"Concentra, controlled by life sciences-focused investment firm Tang Capital, specializes in acquiring struggling biotech companies and closing them down while selling off their assets."
https://www.globenewswire.com/news-release/2025/07/08/3111546/0/en/cargo-therapeutics-enters-into-agreement-to-be-acquired-by-concentra-biosciences-for-4-379-in-cash-per-share-plus-a-contingent-value-right.html