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Strategies & Market Trends : Speculating in Takeover Targets -- Ignore unavailable to you. Want to Upgrade?

To: richardred who wrote (5984)10/28/2020 12:42:07 PM
From: richardred  Read Replies (1) | Respond to of 6545

Just a thought. miRagen Therapeutics, Inc. Announces Acquisition of Viridian Therapeutics, Inc. This might give somewhat of an idea what ENZ Therapeutics unit is worth. Snip>The private placement is expected to result in gross proceeds to miRagen of approximately $91 million before deducting placement agent and other offering expenses. The proceeds from the private placement are intended to be used primarily to advance clinical studies of VRDN-001, a clinical-stage insulin-like growth factor-1 receptor (IGF-1R) monoclonal antibody (mAb) in development for thyroid eye disease (TED), a debilitating condition that can cause bulging eyes, or proptosis, as well as double vision and potential blindness. ENZ has Optiquel T& others candidates in preclinical & beyond.