Gilead Sciences Says No to Megamerger, Signs a Deal to Collaborate With Galapagos
It was just my reluctant re-positing of my old idea that a deal like the one announced Monday (above) would be the way to go ... if we thought we needed that much money at any given time.
All the constant twittering about a buy-out annoys me because no one ever thinks about the kind of deal Galapogos just did .... which is so much more what we would ever want to do. But it has NEVER been entertained here, in the old days on Yahoo, or on twitter today. No one has ever commented on my thought which I've been expressing for probably 6 years, (It used to be Sanofi as the investor; now it's anyone, I guess). So now Gilead has done it and perhaps it will remind people that it's an alternative to a simple stupid buy-out. Sanofi had done it with Genzyme a long time ago but maybe it's very rare. It seems like the way to go for a company with a wild platform like ours who needs money. Maybe at this point we don't.