Oct. 6 at 2:33 PM
$ZNTL Last week, Genmab bought out Merus for
$8 billion or, net of cash, 7x 2029 expected sales of their semtamab in Phase 3. Zentalis' azenosertib has an addressable market of
$1 billion (based on Abbvie Elahere's sales) but it is trading at 35cents/
$1.00 of cash.