Adam Feuerstein, biotech reporter at Stat News, stated in a post to X: “Cantor is escorting $MLTX management on a ‘non-deal roadshow’ with investors on July 7, 8 and 10 in NYC and Boston. There is no imminent acquisition.” Earlier this month, the MoonLake Immunotherapeutics (MLTX) takeover thesis reemerged after the Financial Times reported Merck (MRK) expressed interested in acquiring MoonLake and submitted a non-binding offer.
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Read More on MLTX:
- MoonLake Immunotherapeutics Elects Directors at AGM
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- MoonLake takeover thesis reemerges after FT report, says Citi
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- Merck held talks to buy MoonLake for over $3B, FT reports