$28.04 0.0 0.0%
Last Trade - 11/11/19
Market Cap | £n/a |
Enterprise Value | £n/a |
Revenue | £9.99m |
Position in Universe | th / 6841 |
** Shares of the U.S. drug developer DOVA.O jump 36.2% to $27.50 premarket - set to open at highest level since June 2018 ** Dova shares currently trading at offer price of $27.50 per share urn:newsml:reuters.com:*:nL5N26L12T ** Rare diseases specialist Swedish Orphan Biovitrum (Sobi) SOBIV.ST says it would grant the right to an additional $1.50 per share upon approval of Dova's blood disorder drug Doptelet for use in chemotherapy-induced thrombocytopenia by the U.S. FDA ** Sobi agrees to buy Dova in a deal valuing Dova at up to $915 mln ** Upfront cash component represents a premium of 36% to Dova's last closing price on Friday ** Shares of Dova were the most actively traded across U.S. exchanges before the bell ** As of Friday's close, Dova shares have surged over 166% this year (Reporting by Shreyashi Sanyal in Bengaluru) ((Shreyashi.Sanyal@thomsonreuters.com; +1 646 223 8780))