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Actionable news in RDHL: Redhill Biopharma Ltd.,

What To Do With Relypsa & A Possible Portfolio Replacement 11 comments

I have been inundated with questions, kudos and even a few offers of a good bottle of scotch as a thank you after long time favorite and Biotech Forum holding Relypsa (NASDAQ:RLYP) was bought out yesterday for a 60% premium by Galencia. So first of all, congrats to all my follow Relypsa owners on their big wins.

I have also gotten quite a few inquiries on whether to hold onto Relypsa in hopes that another White Knight will come along with a higher offer. Let me just say I think the chances of a higher bid are slight. I based this on the trading action in the stock and options of Relypsa, chatter and analyst...