Posted by: NelsonGoni
« on: November 18, 2023, 10:38:40 AM »Activist investor Elliott targets drugmaker BioMarin
Source: Activist investor Elliott targets drugmaker BioMarin
Reuters exclusively reported that Activist investor Elliott Investment Management has built a stake in BioMarin Pharmaceutical (BMRN.O) and has been in discussions with the biotechnology company for months about its future. The hedge fund, which oversees some $60 billion in assets, has spent over $1 billion on the stake in BioMarin, which focuses on rare genetic disorders and is valued at about $16 billion.
The post Activist investor Elliott targets drugmaker BioMarin appeared first on Reuters News Agency .
Source: Activist investor Elliott targets drugmaker BioMarin