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Mirum Pharmaceuticals IPO: What You Need To Know
Friday, July 12, 2019 - 12:10pm | 360A late-stage biotech, which was spun-off from Shire, is testing the IPO market. The IPO Terms Foster City, California-based Mirum Pharmaceuticals is planning a 5-million share IPO at an estimated price range of $14-$16, according to an amended prospectus filed with the SEC July 8. At the midpoint...
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Here's Why Shares Of Intercept Jumped Nearly 10% On Friday
Friday, February 10, 2017 - 10:47am | 355Shares of Intercept Pharmaceuticals Inc (NASDAQ: ICPT) jumped nearly 10 percent early Friday morning after the company provided an update on an ongoing clinical trial. Intercept is a biopharmaceutical company that focuses on developing and commercializing therapeutics to treat progressive non-viral...
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Allergan Going After Gilead? Gabelli Says CEO 'Playing Chess While The Market Is Playing Checkers'
Wednesday, September 21, 2016 - 10:30am | 352Allergan plc Ordinary Shares (NYSE: AGN)'s acquisition of Tobira Therapeutics Inc (NASDAQ: TBRA) has some analysts wondering: if Allergan is willing to pay a massive 500 percent premium for Tobira, then what could possibly come next? Barrons cited Kevin Kedra, an analyst at Gabelli, who...
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Allergan's Tobira Acquisition Represents The Highest Premium Ever Paid In Biopharma
Wednesday, September 21, 2016 - 7:21am | 373Allergan plc Ordinary Shares (NYSE: AGN) paid a hefty premium of 159 percent to acquire Vitae Pharmaceuticals Inc (NASDAQ: VTAE) last week, but that figure pales in comparison to the premium attached to its acquisition of Tobira Therapeutics Inc (NASDAQ: TBRA). Allergan will pay $533 million in...
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Tobira Therapeutics Up 760% Following Allergan Buyout, Liver Drug A Key Focus
Tuesday, September 20, 2016 - 10:29am | 365Tobira Therapeutics Inc (NASDAQ: TBRA), a clinical-stage bio-pharmaceutical company that focuses on the development of therapies to treat non-alcoholic steatohepatitis (NASH) and other liver diseases, soared higher by more than 760 percent on Tuesday after the company agreed to sell itself to...