Longboard Pharma's Lucrative Exit To Lundbeck Another Coup For Management [Seeking Alpha]
Longboard Pharmaceuticals, Inc. (LBPH)
Company Research
Source: Seeking Alpha
Follow Summary Longboard Pharmaceuticals is being acquired by Lundbeck for $60 per share, valuing the deal at $2.6 billion, driven by the potential of bexicaserin. Bexicaserin shows promising seizure reduction data, but faces competition and safety concerns; Lundbeck aims for a 2028 launch with peak sales potential of $1.5-$2 billion. Longboard's management, led by CEO Kevin Lind, has a strong track record in securing lucrative M&A deals, making them a team to watch. Investing in Longboard shares now holds little value post-agreement; future opportunities may arise from Lind's next ventures or new spinouts. We Are Investment Overview Yesterday, Longboard Pharmaceuticals ( NASDAQ: LBPH announced that it is set to be acquired by the Danish brain disease focused Pharma company Lundbeck (LDBA). According to a press release: Under the terms of the agreement, Lundbeck will commence a tender offer for all outstanding shares of Longboard common stock, whereby Longboard shar
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LBPH
News
- SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates B, LBPH, ZUO on Behalf of ShareholdersPR Newswire
- Longboard Pharmaceuticals Initiates Phase 3 DEEp OCEAN Study Evaluating Bexicaserin in Developmental and Epileptic Encephalopathies (DEEs)Business Wire
- Longboard Pharmaceuticals Reports Third Quarter 2024 Financial Results and Provides Corporate Updates [Yahoo! Finance]Yahoo! Finance
- Longboard Pharmaceuticals Reports Third Quarter 2024 Financial Results and Provides Corporate UpdatesBusiness Wire
- SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates RVNC, LBPH, ZUO on Behalf of ShareholdersPR Newswire
LBPH
Earnings
- 11/7/24 - Miss
LBPH
Sec Filings
- 11/20/24 - Form SC
- 11/20/24 - Form SC
- 11/19/24 - Form 4
- LBPH's page on the SEC website