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SRRA / Late-Stage Biopharmaceutical Sierra Oncology announces acquisition by GSK

Sierra Oncology (NASDAQ: SRRA) shares traded significantly higher after announcing the acquisition by GlaxoSmithKline PLC (LON: GSK) for $55 a share in cash. That represents a total equity value of $1.9 billion, attributed mainly to SRRA's Momelotinib, a differentiated mode of action with inhibitory activity and critical signalling pathways. Read More

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Posted: Apr 13 2022, 13:49

Author Name: Invezz

SRRA News

By Invezz
April 13, 2022

Late-Stage Biopharmaceutical Sierra Oncology announces acquisition by GSK

Sierra Oncology (NASDAQ: SRRA) shares traded significantly higher after announcing the acquisition by GlaxoSmithKline PLC (LON: GSK) for $55 a share i

By InvestorPlace
April 13, 2022

Why Is Sierra Oncology (SRRA) Stock Up Today?

Late-phase cancer treatment company Sierra Oncology is up big today after being acquired by GlaxoSmithKline. SRRA stock is soaring.

By Benzinga
April 13, 2022

Sierra Oncology Stock Is Soaring: Here's Why

Sierra Oncology Inc (NASDAQ: SRRA) shares are trading significantly higher Wednesday after the company announced it will be acquired by GlaxoSmithKlin

By Barrons
April 13, 2022

Sierra Oncology Soars After Takeover by Glaxo

The deal comes ahead of GlaxoSmithKline's planned spinoff of its consumer health division in July.

By Benzinga
April 13, 2022

GlaxoSmithKline Scoops Up Rare Cancer-Focused Sierra Oncology In $1.9B Cash Deal

GlaxoSmithKline plc (NYSE: GSK) has agreed to acquire Sierra Oncology Inc (NASDAQ: SRRA) for $55 per share in cash, representing an approximate tot

By Pulse2
April 13, 2022

Why GlaxoSmithKline (GSK) Is Buying Sierra Oncology (SRRA) For $1.9 Billion

GlaxoSmithKline plc (NYSE: GSK) announced it is buying Sierra Oncology, Inc (Nasdaq: SRRA) for $1.9 billion (£1.5 billion). These are the details.

By Market Watch
April 13, 2022

GlaxoSmithKline to buy Sierra Oncology for $1.9 billion

Pharmaceutical giant GlaxoSmithKline PLC said Wednesday that it is buying biopharmaceutical company Sierra Oncology Inc. for $1.9 billion, and backed

By Reuters
April 13, 2022

GSK to buy Sierra Oncology for $1.9 billion

Britain's GlaxoSmithKline has agreed to buy California-based biopharmaceutical company Sierra Oncology in a deal valued at $1.9 billion, the companies

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