May. 29 at 8:01 PM
$VKTX IMO, there is no urgency for BP to buyout
$VKTX at this stage of Phase 3. BP will just let VKTX run out of money in a few months and try to swoop in and buy them before VKTX has to dilute shares to raise more money. The one to watch IMO is
$GPCR. Until they dose the first patient for Phase 3 in early Aug, BP should have a strong desire to announce a buyout so that the buyer can setup & run Phase 3. Just my opinion on the current status of the two biotech front-runners that will likely be bought out sometime between next Monday and 2 years from now.... Just for fun though, I am going with JNJ to buyout VKTX and Roche or AbbVie to buyout GPCR. Roche already owes GPCR royalties for patent licensing, so they have ~
$3 billion head-start on needing to acquire GPCR.