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Re: Gilead buys ImmunomedicsWent for 6x peak sales of $3.5BB... So certainly great upside for Cort if we hit a cancer franchise or metabolic franchise...Big IF’s though... I sort of continue to believe CORT will have to sell themselves someday to realize their desired valuation. Doesn’t seem like Mr Market will ever give it to them..: On another note, short interest on IMMU was 26MM.. Nice to see them dead wrong and lose $1BB or more!! |
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