Oct. 3 at 8:44 PM
$GALT Cash rich Roche clearly drove a hard bargain with 89bio - eventually succeeding with
$3.5b. The saga showed how a great asset can still go for far less than it's evident potential.
It'll be interesting to see how we have gone with our hard bargaining and how much influence the independent valuation of belapectin will have on the final offer - if at all.
Personally I'm hoping for something over
$3B.
Dream BO will be closer to
$10B. It all depends on how desperate the buyer is imo.
Massive market with no other competitors... let's hope we don't go for a song like 89.