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uniQure (QURE) receives $53 M from Bristol-Myers Squibb (BMY) and is UP +$0.19 to $24.13 - BUY

August 11, 2015 9:54am

Bristol-Myers Squibb also acquired an additional 1.3 million ordinary shares of QURE priced at $29.67 per share, providing net proceeds of approximately $38 M. The purchase price represents an approximately 26% premium over QURE's closing price per ordinary share on 8/7/15. After this second equity closing, BMY owns 9.9% of uniQure's outstanding ordinary shares. BMY selected 3 new collaboration targets triggering a $15 M cash payment to uniQure.

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