Jun. 28 at 5:33 PM
$IRWD right after ABBV bought Apogee for
$11 B over a week ago its SP appreciated for about 15% in a week reaching new historical highs.
Adding IRWD for
$2 B is guaranteed for another
$500M Linzess revenue per yr plus the great potential in APRA approval in 2027. The peak APRA revenue estimated for
$800M. The
$2 B deal for IRWD might not look funcy & sexy like Apogee deal but GI sector brings in solid long term profits.
