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0.000265336446614367 0.000849076629165915 0.00106134578645732 0.000424538314582957 -0.00015920186796859 0.00233496073020589 0.00254510719592446 0.00297176820208025
Stock impact report

Alpine Immune Is Weighing Options After Takeover Interest [BNN Bloomberg (Canada)]

Novartis AG (NVS) 
Last novartis ag earnings: 4/28 01:00 am Check Earnings Report
US:NYSE Investor Relations: novartis.com/investors
Company Research Source: BNN Bloomberg
weighing options including a potential sale after attracting takeover interest, according to people with knowledge of the matter. The stock gained as much as 17%. The Seattle-based company is working with advisers to weigh a potential transaction, said the people, who asked not to be identified discussing confidential information. At least one larger pharmaceutical company has spoken to the company about a potential takeover, the people said. Deliberations are ongoing and there's no certainty that Alpine Immune will decide to pursue a sale, the people said. A representative for Alpine Immune declined to comment. Alpine rose 7.9% to $42 at 12:42 p.m. in New York trading Wednesday, giving the company a market value of about $2.8 billion. The stock is up 451%% in the past year. Founded in 2015, Alpine Immune develops treatments for autoimmune and inflammatory diseases. It's set to present updated data on April 15 about the safety and effectiveness of its lead product, Povetacicep Show less Read more
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