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Stock impact report

Why Johnson & Johnson Is Eyeing Protagonist Therapeutics: The Rationale [Seeking Alpha]

Protagonist Therapeutics, Inc. (PTGX) 
Last protagonist therapeutics, inc. earnings: 3/10 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.protagonist-inc.com
Company Research Source: Seeking Alpha
PTGX's lead assets, Icotrokinra and Rusfertide, offer significant potential, with peak combined sales estimated at $7 billion, appealing to JNJ's immunology strategy. A deal above PTGX's $4 billion market cap is required to justify current share prices; a $5 billion+ acquisition would unlock further upside for investors. Key PGTX risks include deal uncertainty, regulatory approvals, and the need for a high acquisition price to support the current valuation. Kanizphoto/iStock via Getty Images Thesis It's been a busy week for Protagonist Therapeutics, Inc. (PGTX) in terms of news. They're a name that wouldn't have been on everyone's map before the interest shown by Johnson & Johnson ( JNJ This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not rec Show less Read more
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