Pharmaceutical company Bayer AG acquiring BlueRock Therapeutics for US$1-billion [Toronto Globe and Mail (Ontario, Canada)]
BAYER AG S/ADR (BAYRY)
NASDAQ:AMEX Investor Relations:
investor.bayer.com
Company Research
Source: Toronto Globe and Mail
Pharmaceutical company Bayer AG acquiring BlueRock Therapeutics for US$1-billion Multinational pharmaceutical company Bayer AG announced it will fully acquire BlueRock Therapeutics, valuing the biotechnology firm with offices in Toronto at approximately US$1-billion. Bayer already owned 4.8 per cent of the privately held regenerative medicine company headquartered in Cambridge, Mass., and is paying US$6-million for the remaining 59.2 per cent that’s currently held by Versant Ventures, a venture-capital firm, and BlueRock’s management. “I think it shows there’s some really good science in Canada, in Toronto,” said Emile Nuwaysir, president and chief executive officer of BlueRock. “It should give entrepreneurs and investors confidence.” Story continues below advertisement The deal is expected to close by the end of September. Bayer will pay US$24-million upfront, and will pay another US$36-million once BlueRock achieves “pre-defined development milestones,” which a BlueRock spokesperson
Show less
Read more
Impact Snapshot
Event Time:
BAYRY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BAYRY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BAYRY alerts
High impacting BAYER AG S/ADR news events
Weekly update
A roundup of the hottest topics
BAYRY
News
- RFK Jr.'s Plans For Reshaping HHS Draw Strong Reactions [zero hedge]zero hedge
- FDA Accepts Bayer's Application for Label Expansion of Nubeqa [Yahoo! Finance]Yahoo! Finance
- Insecticides Market Size Expected to Reach USD 34.74 Billion by 2033 [Yahoo! Finance]Yahoo! Finance
- Exacto Announces David Hollinrake as Chief Executive Officer [Yahoo! Finance]Yahoo! Finance
- Pivot Bio Names Jason Hoag Head of North American Commercial Distribution [Yahoo! Finance]Yahoo! Finance