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BB BiotechQ3: An eventul quarter - SEB

There is a fair amount of activity to report for BB Biotech’s third quarter. The share price premium has dipped to 5%; a holding company has been taken private, resulting in a large cash inflow, giving BB Biotech flexibility to act on interesting investment opportunities; products in holding companies have seen approval and trial progression; and finally, the Inflation Reduction Act was signed into law by President Biden.

There is a fair amount of activity to report for BB Biotech’s third quarter. The share price premium has dipped to 5%; a holding company has been taken private, resulting in a large cash inflow, giving BB Biotech flexibility to act on interesting investment opportunities; products in holding companies have seen approval and trial progression; and finally, the Inflation Reduction Act was signed into law by President Biden.
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