Prothena prepares for potential sale - Bloomberg News (updated)

Prothena

16/10/2023 16:54

(Adds details and background throughout)
       Oct 16 (Reuters) - Biotech firm Prothena Corp  PRTA.O 
is preparing for a potential sale, Bloomberg News reported on
Monday, citing people with knowledge of the matter.
    The Dublin, Ireland-based drugmaker has been speaking to
advisers as it prepares to explore options that may include a
sale or partnership, the report said.
        Prothena did not immediately respond to a Reuters
request for comment.
    Shares of the company were up 24% at $54.71.

 (Reporting by Sriparna Roy in Bengaluru; Editing by Shailesh
Kuber)
 ((Sriparna.Roy@thomsonreuters.com;))