Feb. 4 at 1:10 AM
$VKTX Big lesson today:
$NVO needs to move fast at the acquisition level.
$PFE showed us today that
$10 billion doesn’t buy best-in-class. They’ll need to dig much deeper to acquire
$VKTX.
But
$NVO is in a tough position — maybe they wanted to wait for the Phase 3 readout, but after today, can they really take that risk? Other BP players know how vulnerable
$NVO is, and it only makes sense that someone could jump in and buy
$VKTX, which would seriously threaten
$NVO’s market share.