I can hear the sweat splashing on the floor now.
I can't see why big pharma would gamble big bucks on a buyout until there is an FDA approval in pocket.
Any pre approval offer would have to be very low ball in order to negate the risk.
I would say 10-12 pre FDA approval and 15-20 with one in pocket.
How many of you would sell your shares at 10-12 if offered tomorrow???
My bet? Bayer.
Maybe somebody should draw first, and buy out the sheriff. It is fairly simple. Probably some executive at some big slow growth pharm is writing a proposal and waiting for approval from his managers to buy TSRX. He better hurry!
Sentiment: Strong Buy
my bet is Cubist will snap them up before EOY
What is the buyout price and based on what? It must be more than just forward looking sales of TED. How valuable is the pipeline, and their marketing agreements in Europe and possibly Asia?