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Speculation Grows On Potential Big Pharma Buyout Of Mirati

Deal Could Hinge On New Readouts

 
• By Andrew McConaghie

Several big pharma companies may be interested in buying Mirati, but could baulk at paying up to $12bn for its as-yet-unproven oncology portfolio.

Mirati Therapeutics
Mirati is chasing Amgen in the KRAS GC12 inhibitor market, and expects to gain its first US approval by mid-December.

Mirati Therapeutics shares have risen by more than 30% to $9.85 in the last few days, as speculation has grown around a potential multi-billion dollar buyout of the cancer specialist company.

Rumors of possible interest in a sale from the board of the San Diego-headquartered company first surfaced on 22 November,...

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