RE: Takeover of Sierra Oncology and SAR9 Oct 2018 19:39
You are correct jb about me not posting but I could not resist sorry. A takeover price would require a discounted value put to future sales etc ie it would require buyer to over pay . Licensing resolves this with milestone payments and royalties so derisks the deal a bit.
Let’s all just take a breath count in millions rather than billions and see what happens