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Strategies & Market Trends : Speculating in Takeover Targets
CTG 7.9900.0%Oct 21 12:00 AM EDT

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From: richardred8/23/2021 8:26:23 AM
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Robert O

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Trillium Therapeutics TRIL | Up 191.13%

Shares of Trillium Therapeutics ( TRIL) more than tripled early Monday after Pfizer said it would buy the cancer therapy specialist in a deal worth $2.26 billion.

Trillium's drug portfolio includes biologics treatments that "enhance the ability of patients’ innate immune system to detect and destroy cancer cells," Pfizer said.

Pfizer had first invested $25 million in Trillium in September 2020.
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