Y-mAbs soars on take-private deal with SERB Pharmaceutical

2 hours ago 1
Wall Street sign, New York City, USA

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Y-mAbs Therapeutics (NASDAQ:YMAB) is set to go private after SERB Pharmaceuticals announced on Tuesday that it would buy the cancer drug developer for an estimated $412M in equity value.

The stock more than doubled as trading resumed post premarket halt.

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