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Why is $CMTA a big deal for Canadians? At $1B+, it's probably the 2nd largest #cdnbiotech cash exit ever. 2ND LARGEST EVER. Let's dive into that for a bit: investor.clementiapharma.com/news-releases/…
Canada's largest biotech cash exit is vaccine maker ID Biomedical at $1.4B. I've got a story about this one but will save it for another day. Great exit (including timing) by CEO Tony Holler!
There are also a bunch of #cdnbiotech cash buyouts in the $500-$1B category including Aspreva ($900M), Cynapsus ($600M), Enobia ($500M; $1B with add-ons) and YM ($500M).
