Jan. 14 at 12:42 PM
$VXRT $DVAX Prediction: I believe Dynavax receives a new, higher bid.
Reasons:
1) Sanofi was in talks to buy DVAX BEFORE most recent DVAX earnings call (theory, but unproven).
2) The upside to the VAAST platform (if successful) has MUCH more potential than an approved Hep B vaccine with sig. competition.
3) Assuming VXRT can discern which vax participants rcvd from the data (believe true), it's logical they would leverage this to pitch to BP to extend their cash runway.
4) DVAX doesn't buy VXRT covid rights without direction/approval from an acquiring firm. Listen to the analyst Q from the DVAX earnings call and his reaction to the answer.
5) The rumor since Friday seems to be growing and the stock price continues to trade into the low
$15.70's (above the current
$15.5 offer from Sanfi).
So who will counter? Pred. Lilly. Barda wants a platform. Current admin. respects market cap and wants US ownership. (10x MC and US (Lilly) vs France (Sanofi).
Just my humble opinion. Do your own DD.