It's a buy out or my name ain't Daveontour. Linzess one of the brightest starts in Forest's recent earnings call. This is a $1B produce and Forest have cash on hip. They need to buy now or the price will keep going up. Que bidding war with Linaclotide partners - AZ, Astellas and Forest.
What do you think the buyout price would be? There are scientists within IRWD that wish to remain a R&D company, while selling the full rights of Linzess over to Forest. Wondering how that situation would affect the stock price.