I listened to the Brent Saunders interview this morning on CNBC & Cramer was asking him about acquisitions & one of the areas that they would be interested in is the GI space !!! plus the fact that they are selling some assets to TEVA for 40b, so buying SGYP would be pocket change, hoping to see a bidding war with SHPG in the future ? & yes SGYP will be sold @ some point !! Long SGYP
thanks bear, it seems like a smart move since they need to conserve cash, I really think that SGYP will sell bonds, do equity raise etc in order to launch Plecanatide themselves, everything I've read lately says they are going it alone & reaping 100% of the profits.
I do not see any ongoing studies with regard to the OIC ( P2) or the UC ( P1) , I'm guessing that the company doesn't have enough cash to continue & the fact that the CIC & IBS-C is their most valuable asset so they don't want to risk running out of cash before they take to market ? Long SGYP