Institutions were pleased with the offering | IMGN Message Board Posts

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Msg  50301 of 50378  at  1/23/2020 2:12:30 PM  by

GaryM


 In response to msg 50300 by  WilCravenMckrye
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Re: Institutions were pleased with the offering

 I would hope that if any dilutive action is required in the future it's only to permit a partner to take an equity interest in the company.  I believe SGEN has gained tremendous benefit from Genentech's investment in them decades ago.  Ever since it's been rumored that Roche, who even then had control of Genentech, would do a buyout of SGEN.  I believe the rumor of a buyout has helped to put a large premium on SGEN that IMGN has never seen.
 
Gary 


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