TradingView
AlenCiken
Feb 11, 2021 5:05 PM

Why $ZYNE skyrocketed this week 

Description

Jazz Pharmaceuticals JAZZ agreed to buy GW Pharmaceuticals GWPH for $7.2 billion last wednesday sending shares of fellow epilepsy-focused biotech companies ZYNE flying.

"The acquisition allows Jazz to become a significant epilepsy player by adding Epidiolex, which exited 2020 with sales annualizing at about $576 million despite a challenging Covid environment and ahead of significant growth driven by a tuberous sclerosis label expansion and broad European launch,"


investors.com/news/technology/gwph-stock-rokets-jazz-pharma-takeover/?src=A00220
Comments
niceMeerkat24337
Do you anticipate a rebound back up to $11 possibly? Or sideways?
More