Jan. 27 at 8:30 PM
$NWBO Why
$10-20/share isn't unreasonable in an all-stock deal:
At
$15/share, that's ~
$22B. Sounds huge for an OTC stock. But look at what an acquirer actually gets:
First-to-market approved cancer vaccine. Roswell Park IP designed to enhance checkpoint inhibitors. Owned manufacturing ready to scale. Platform data across 20+ tumor types.
Keytruda does
$25B/year but only works in ~20% of solid tumors. If Kalinski's DC technology expands that to 35-40%, you've added tens of billions in franchise value. Merck paid
$11B for Acceleron and
$10.8B for Prometheus — narrower platforms than this.
In a bidding war where Merck is defending Keytruda's future against Pfizer or BMS,
$20-30B is strategic defense, not overpayment.
And in an all-stock deal, the acquirer pays with paper, shareholders get tax-free rollover, and interests align. Everyone wins.
DanishDude calling for
$40 per share… he knows who's circling.