Egetis Therapeutics AB has been the subject of M&A speculation of late but suitors are going to need deep pockets if they want to get hold of the Swedish biotech, as one thwarted potential buyer has just found out.
Egetis Ends Takeover Talks To Focus On Emcitate
Filings For Rare Disease Drug Imminent
The Swedish firm has decided to pass on a bid from a proposed buyer which would have involved a healthy premium but “considerably undervalued” its long-term prospects.
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