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According to Bloomberg, Principia Biopharma (PRNB) approached by Sanofi (SNY)

  • July 17, 2020


StockPrincipia Biopharma Inc.SymbolPRNB
Date Announced07/16/2020Source Bloomberg
TypeNews Report
Date of Confirmation: 08/17/2020Price at Confirmation: $90.74
Potential Profit: 7.90%Annualized Profit: 90.06%

Sanofi (SNY) is studying potential acquisitions of U.S. biotechnology companies including Principia Biopharma Inc. (PRNB) as it seeks innovative treatments for clinical areas including multiple sclerosis and immune disorders, people with knowledge of the matter said.

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