This was topic
that I was thinking about a week ago when I saw a report that GSK had openly announced that they
were looking into making a deal in the oncology cell therapy area. I thought Juno should be one of
the best candidates for GSK. But I was apparently too late to make the call as I didn't write the blog right away, thinking this was not imminent. Well, it was reported yesterday that Celgene is negotiating with Juno to buy it now. While such
rumors often prove to be true, it is still too early to be sure. Even the true
negotiation may also fall apart due to various reasons. So be prepared to jump
in if the Celgene/Juno deal does not go through and Juno plummets due to the
failed MA discussion. If that happens, GSK or some other big boys may be the
next bidder to come in. Sooner or later, Juno will likely be bought out. See here why I'm very positive for Juno.
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