Management has started to look at Global Blood Therapeutics (NASDAQ:GBT) as an acquisition target. That was also the case almost two years ago but they were not willing to pay up back then.
After the failed Ablynx acquisition late last year and the impending collapse of the haemophilia business following Roche's approval of Hemlibra in both inhibitor and non-inhibitor patients, the level of desperation has increased to flabbergasting levels. Due diligence is said to be well underway and management seems to be willing to run the risk that GBT's treatment of sickle cell disease may not be approved by the FDA
https://endpts.com/positive-pivotal...in-search-of-a-quick-ok-for-sickle-cell-drug/