BUZZ-Regulus Therapeutics' stock price doubles on Novartis's buyout offer

Reuters

2025/04/30

BUZZ-Regulus <a href="https://laohu8.com/S/LENZ">Therapeutics</a>' stock price doubles on Novartis's buyout offer

** Shares of Regulus Therapeutics RGLS.O more than double to $7.79 premarket

** Novartis offers to buy Regulus for $7/shr cash upfront and another $7/shr on hitting certain regulatory milestones for kidney disease drug farabursen

** Offer worth $800 mln on upfront price

** RGLS shares have already more than doubled this year through last close

(Reporting by Christy Santhosh)

((Christy.Santhosh@thomsonreuters.com))

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