#Cmpi stock news Activator
#Cmpi stock news full

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You can find out all about these topics at the following links! More Stock Market News for Tuesday InvestorPlace has you covered with all the latest stock happenings for Tuesday! A few examples include why American Campus Communities (NYSE: ACC) stock is rising, what has hydrogen stocks on the move today, as well as a new twist in the Elon Musk Twitter (NYSE: TWTR) story. Investors looking for more stock market news today are in luck! That’s a major increase over its daily average trading volume of only about 13,000 shares.ĬMPI stock is up 329% as of Tuesday afternoon. As of this writing, more than 3 million shares of the stock have changed hands. The deal will be completed through a tender offer made by a subsidiary of the latter that will merge with CMPI.ĬMPI stock is experiencing heavy trading following today’s merger news.

#Cmpi stock news full

It is our hope that Regeneron’s resources and expertise will help accelerate the development of vidutolimod and realization of the full potential of our virus-like particle (VLP) platform for immunotherapy.”Ĭheckmate Pharmaceuticals and Regeneron Pharmaceuticals are expecting the acquisition deal to close in mid-2022.

#Cmpi stock news Activator

“We believe that the data we have generated with vidutolimod positions Checkmate at the forefront of the innate immune activator field. This is a treatment designed to use the immune system to treat various cancers.Īrt Krieg, M.D., founder and CSO of Checkmate Pharmaceuticals, said the following about today’s news. Regeneron Pharmaceuticals’ interest in CMPI is due to its lead investigational candidate vidutolimod. The deal between the two values Checkmate Pharmaceuticals at $250 million.

It’s also worth mentioning that the offer from REGN is in cash. That represents a massive 335.7% premium over the stock’s closing price on Monday. Regeneron Pharmaceuticals is planning to acquire CMPI stock for $10.50 per share.