Bristol-Myers Squibb (BMY)

Index:

S&P 100

$ 55.77
   
  • Change Today:
    $3.11
  • 52 Week High: $56.20
  • 52 Week Low: $39.66
  • Currency: US Dollars
  • Shares Issued: 1,998.00m
  • Volume: 18,743,122
  • Market Cap: $111,428m
  • RiskGrade: 106

GlaxoSmithKline denies interest in Aurinia

By Abigail Townsend

Date: Monday 01 Nov 2021

LONDON (ShareCast) - (Sharecast News) - British drugs group GlaxoSmithKline has denied speculation it is interested in acquiring Canada's Aurinia Pharmaceuticals.



The Mail on Sunday reported at the weekend that the blue chip was preparing a bid for Aurinia, a specialist in autoimmune drugs. The newspaper's report followed an article last month by Bloomberg, which said US drugs firm Bristol Myers Squibb was also interested in Aurinia.

The takeover rumours have helped Aurinia's share price rise by around 52% over the last month, giving it a market value of around $4.2bn.

But on Monday, a GSK spokesperson looked to halt the speculation, telling Reuters that the Mail on Sunday report was "not true".

Shares in Nasdaq-listed Aurinia were largely flat in pre-market trading as at 1030 GMT. GSK was ahead nearly 2% at 1,532.0p in London.

Aurinia's drug Lupkynis, which was approved by the US Food and Drug Administration earlier this year, is used to treat kidney inflammation caused by Lupus. GSK has a similar drug, Benlysta, patents on which are due to expire in the next few years.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

BMY Market Data

Currency US Dollars
Share Price $ 55.77
Change Today $ 3.11
% Change 5.91 %
52 Week High $56.20
52 Week Low $39.66
Volume 18,743,122
Shares Issued 1,998.00m
Market Cap $111,428m
RiskGrade 106

What The Brokers Say

Strong Buy 3
Buy 3
Neutral 18
Sell 1
Strong Sell 0
Total 25
neutral
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Trades for 31-Oct-2024

Time Volume / Share Price
15:59 100 @ $55.76
15:59 1,200 @ $55.75
15:59 1,100 @ $55.75
15:59 184 @ $55.75
15:59 271 @ $55.77

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