Bhp Billiton (LON:BLT) - Deal focused on HCV
Oct 15th 2012 - Edison Investment Research today published a report on Bhp Billiton (BLT.L, LSE:BLT, LON:BLT) entitled "Deal Focused On HCV". In summary, the report says:
Benitec’s acquisition of its US-based technology licensee, Tacere Therapeutics, allows the Australian RNAi specialist to bring in-house a Phase I-ready drug candidate for Hepatitis C virus (HCV) infection. The transaction (of 102m shares, plus a potential cash royalty based on future licensing revenue) values Tacere at US$1.5m, hence it would appear to be a very attractive price.
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