Looks like GENZ is playing hardball with SNY and IMO the deal may breakdown. This will cause an immediate pop in AGN and BIIB.As for the takeover price of AGN should that occur, I think 80-85 is the least we will see. JMHO
Notice AGN and BIIB today??Anyway, why would anyone want GENZ when they can bid for AGN? AGN is class where as GENZ is trash.
AGN has potential liability from Bo-Tox. I don't think it will be bought instead of Genzyme. Genzyme has a different profile and AGN wouldn't be a substitute for it, IMHO.