Jan. 4 at 9:06 PM
I’d be surprised if
$NUVB is sold in 2026, but not shocked. Hung’s prior company Medivation sold to
$PFE in 2016 after it was clear to their board that they didn’t have a choice.
$SNY tried to buy Medvation on the cheap, and then Pfizer blew them out of the water with an offer
$30 higher per share.
Now, Hung has a fortune and is the largest shareholder of Nuvation by far. So he is better prepared to stay independent if that is his main goal. Some Nuvation bulls believe and want NUVB will stay independent- if they can keep finding deals like the AmHeart deal for a best in class asset like Ibtrozi then they should).
I hope both NUVB and
$TNXP stay independent for a while, for very different reasons. But I doubt a buyout happens this year for Nuvation given how much Hung learned from his Medivation experience.