BUZZ-Gubra surges on AbbVie partnership for obesity treatment

Reuters
03-03
BUZZ-Gubra surges on AbbVie partnership for obesity treatment

** Shares in Gubra GUBRA.CO surge 29% at market open after the Danish biotech company signed a licensing deal with AbbVie ABBV.N to develop an amylin analog for obesity treatment

** The partnership marks AbbVie's entrance into the obesity field, the companies say in a press release

** Terms of the deal include $305 million as an upfront payment to Gubra and $1.875 billion in potential milestones, they add

** Analysts at Van Lanschot Kempen view the terms as "attractive", saying they appear to be higher than the broker's valuation

** Kempen adds AbbVie is a good partner for Gubra, as it can accelerate mid- and late-stage development of the GUBamy amylin analog programme, while offering infrastructure for a commercial launch

** Gubra's shares were up 19% by 0824 GMT, on track for their best day ever

(Reporting by Vera Dvorakova)

((vera.dvorakova@thomsonreuters.com))

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10