May 22, 2012

Merger Means Billions for Biotechnology?

MD Becker Partners' Life Science Digest: Merger Means Billions for Biotechnology?

In March 2009, we asked the question “Where Might Genentech Investors Redeploy $47 Billion?” in response to the news that Roche Holding AG (RHHBY.PK) would acquire the outstanding publicly held interest in Genentech for a total payment of approximately $47 billion in cash.   We hypothesized that investors seeking biotechnology companies of comparable size and liquidity [...]

Bayer’s Bold New Bet Fails to Rain on Spectrum Pharmaceuticals

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Despite recent progress and the availability of novel therapies, radiation is still an effective tool in the war against cancer – as it has been for more than a century.  The original and still predominant mode of administration is via external methods wherein a radiation source is directed at the intended target or region. Unfortunately, [...]

Keryx: Another beneficiary of the ASCO-effect

P13K AKT diagram

In my prior article, I highlighted the “ASCO-effect,” which relates to the fact that biotechnology companies working in the field of cancer can experience double or triple-digit stock price increases from the end of April through the American Society of Clinical Oncology (ASCO) annual meeting. Beyond the names previously mentioned, investors also appear to be [...]

Where Might Genentech Investors Redeploy $47 Billion?

Tier 1 Graph

Following a spate of high profile clinical setbacks and regulatory delays that sent the sector into a tailspin during the final week of February 2009 (see prior column), investors shrugged off further disappointing clinical news as merger and acquisition activity helped biotechnology stocks stage a partial recovery last week. The NASDAQ Biotech Index (NBI) gained [...]