BUZZ-Protagonist Therapeutics surges after media reports J&J in talks to buy co

Reuters

10/10

BUZZ-Protagonist <a href="https://laohu8.com/S/LENZ">Therapeutics</a> surges after media reports J&J in talks to buy co

** Shares of Protagonist Therapeutics PTGX.O rise 28.3% to an all-time high of $86

** Johnson & Johnson JNJ.N is in discussions to buy PTGX, the Wall Street Journal reports, citing people familiar with the matter

** A deal is not guaranteed and the exact details being discussed could not be learned - WSJ

** PTGX has a market value of $4.17 billion as of last close - LSEG data

** Up to last close, stock up 71.4% YTD

(Reporting by Puyaan Singh)

((Puyaan.Singh@thomsonreuters.com;))

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