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Isis Pharmaceuticals, Inc. Message Board

  • faosto faosto Jun 20, 2014 2:17 PM Flag

    It's reasonable I think to expect a buyout this year.

    With the CEO saying that ISIS's drug ISIS-APOCIIIRx that targets the APOC3 protein to reduce triglyceride levels by up to 71% "is the most important drug in our pipeline," with positive phase 2 data coming on the back of the Thrombosis drug and the diabetes drug, my guess is Biogen, which already has a partnership with ISIS, will buy them out for about $75 a share, or over $8 billion. Could go as high as $10 billion. This is reminiscent of Pharmacett, except that ISIS has at least three multi-blockbuster drugs in development. Hopefully they didn't grant too many rights to ALNY in that collaboration deal, but ISIS has a goldmine.

    Abbott could be another suitor, since they also have a deal with Biogen who in turn has a partnership with ISIS, and they have a strong cardiovascular division.

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ISIS
30.62-0.77(-2.45%)Jul 24 3:59 PMEDT

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