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Cogent Biosciences (COGT): Acquisition in the Peer Group and JPMorgan Sees 300% Price Potential!

J. Igel
Reading Time: 2 minutes

In addition to study data and analyst comments, venture capital in biotechs is now also seeing M&A fantasies again, following Sanofi's announcement that it intends to acquire Blueprint Medicines for $129 per share or approximately $9.1 billion. Blueprint Medicines is a biotechnology company focusing on the development of precision therapies for cancer and hematological diseases caused by specific genetic mutations and aberrant kinase signaling pathways. A direct competitor is, for example, Cogent Biosciences (COGT) . Biotech focusing on precision...

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