BUZZ-Checkpoint Therapeutics rises on $355 million Sun Pharma buyout deal

Reuters

03/10

BUZZ-Checkpoint <a href="https://laohu8.com/S/LENZ">Therapeutics</a> rises on $355 million Sun Pharma buyout deal

** Drug developer Checkpoint Therapeutics' CKPT.O shares rise 66% to $4.10 premarket

** India's Sun Pharmaceutical Industries SUN.NS will buy Checkpoint Therapeutics for $355 million, the companies said on Sunday

** Upfront cash payment of $4.10 per share, at a 66% premium to stock's last close

** CKPT's controlling arm Fortress Biotech FBIO.O would receive royalty payments based on future sales of co's skin cancer drug Unloxcyt during a specified term

** FBIO shares rise 12.3% to $1.73 before the bell

** The deal expected to be completed in Q2 2025

** CKPT has risen 13.8% in the last 12 months

(Reporting by Siddhi Mahatole)

((siddhi.mahatole@thomsonreuters.com))

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during a specified term</p><p>** FBIO shares rise 12.3% to $1.73 before the bell</p><p>** The deal expected to be completed in Q2 2025</p><p>** CKPT has risen 13.8% in the last 12 months</p><p> (Reporting by Siddhi Mahatole)</p><p> ((siddhi.mahatole@thomsonreuters.com))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BUZZ-Checkpoint Therapeutics rises on $355 million Sun Pharma buyout deal</title>\n<style 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xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-Checkpoint <a href=\"https://laohu8.com/S/LENZ\">Therapeutics</a> rises on $355 million Sun Pharma buyout deal</title></head><body><p>** Drug developer Checkpoint Therapeutics' <span>CKPT.O</span> shares rise 66% to $4.10 premarket</p><p>** India's Sun Pharmaceutical Industries <span>SUN.NS</span> will buy Checkpoint Therapeutics <span>for $355 million</span>, the companies <span>said</span> on Sunday</p><p>** Upfront cash payment of $4.10 per share, at <span>a</span> 66% premium <span>to </span>stock's last close</p><p>** CKPT's controlling arm Fortress Biotech <span>FBIO.O</span> would <span>receive </span>royalty payments based on future sales of co's skin cancer drug Unloxcyt during a specified term</p><p>** FBIO shares rise 12.3% to $1.73 before the bell</p><p>** The deal expected to be completed in Q2 2025</p><p>** CKPT has risen 13.8% in the last 12 months</p><p> (Reporting by Siddhi Mahatole)</p><p> ((siddhi.mahatole@thomsonreuters.com))</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4139","symbol_name":"生物科技","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250310:nL4N3PT0NY:1","article_id":"2518245212","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2518245212","pubTimestamp":1741601744,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-Checkpoint Therapeutics rises on $355 million Sun Pharma buyout deal** Drug developer Checkpoint Therapeutics' CKPT.O shares rise 66% to $4.10 premarket** India's Sun Pharmaceutical Industries SUN.NS will buy Checkpoint Therapeutics for $355 million, the companies said on Sunday** Upfront cash payment of $4.10 per share, at a 66% premium to stock's last close** CKPT's controlling arm Fortress Biotech FBIO.O would receive royalty payments based on future sales of co's skin cancer drug Unloxcyt during a specified term** FBIO shares rise 12.3% to $1.73 before the bell** The deal expected to be completed in Q2 2025** CKPT has risen 13.8% in the last 12 months  ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4139":"生物科技","CKPT":"Checkpoint Therapeutics, Inc.","FBIO":"Fortress Biotech Inc."},"translate_title":"BUZZ-Checkpoint Therapeutics因Sun Pharma 3.55亿美元收购交易而股价上涨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FBIO":0.6,"CKPT":0.6},"content_text":"BUZZ-Checkpoint Therapeutics rises on $355 million Sun Pharma buyout deal** Drug developer Checkpoint Therapeutics' CKPT.O shares rise 66% to $4.10 premarket** India's Sun Pharmaceutical Industries SUN.NS will buy Checkpoint Therapeutics for $355 million, the companies said on Sunday** Upfront cash payment of $4.10 per share, at a 66% premium to stock's last close** CKPT's controlling arm Fortress Biotech FBIO.O would receive royalty payments based on future sales of co's skin cancer drug Unloxcyt during a specified term** FBIO shares rise 12.3% to $1.73 before the bell** The deal expected to be completed in Q2 2025** CKPT has risen 13.8% in the last 12 months (Reporting by Siddhi Mahatole) ((siddhi.mahatole@thomsonreuters.com))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"corporation,merge","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}