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Vaxart Inc (VXRT)

NASDAQ
Currency in USD
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0.7551
+0.0097(+1.30%)
Real-time Data

VXRT Price Commentary

Kindred Biosciences [KIN] - Last Close: $6.34 Kindred Biosciences just agreed to be acquired in a multimillion-dollar deal.Elanco Animal Health (ELAN) will buy all outstanding shares of KIN for $9.25 per share in a deal worth $440 million. Elanco says it will fund the acquisition with pre-payable debt, and the deal is expected to add roughly $100 million to Elanco's innovation revenue expectations by 2025. Closing is slotted for sometime in the third quarter. KIN is up 45.1% on active trading volume on the buyout news.
sorry l am confused what has all this got to do with Vaxart?
Kindred has a contract to manufacture Vaxart vaccines
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