But just because it's a good fit doesn't mean the acquisition will go through; the two companies still need to agree to a price. Investors buying in the hopes of an acquisition are taking unknown risk with unknown near-term rewards, which sounds more like gambling than investing. Small Cap Basic. Advanced Accelerator Applications (NASDAQ:AAAP) is up 10.5% at 11:42 a.m. EDT after announcing that it was being acquired by Novartis (NYSE:NVS) for approximately $3.9 billion. The Ascent is The Motley Fool's new personal finance brand devoted to helping you live a richer life. The Company has a portfolio of nine diagnostic positron … Monthly Subscription. If it goes through, the buyout would be a welcome sight in a rather dismal year for biotech acquisitions. Advanced Accelerator Applications S.A. is a radiopharmaceutical company. Free trial. Dr. Orelli is a Senior Biotech Specialist. Cumulative Growth of a $10,000 Investment in Stock Advisor, Why Advanced Accelerator Applications SA Acquired a Higher Price Today @themotleyfool #stocks $AAAP $NVS, rumors of the deal have been in the wind for a month, Here's Why Advanced Accelerator Application SA Rose 20% in October, Why Advanced Accelerator Application SA Stock Jumped Higher Today, Copyright, Trademark and Patent Information. InvestorsHub.com, Inc. Advanced Accelerator Applications S.A revenue from 2015 to 2017. for only. Monthly Subscription. The Company develops, produces and commercializes molecular nuclear medicine (MNM), diagnostic and therapeutic products. ADVANCED ACCELERATOR APPLICATION Stock Price . The drug was approved for sale in the EU last month, and the FDA is expected to make a decision about the U.S. marketing application on or before Jan. 28, 2018. Advanced Accelerator Applications (AAA) has a somewhat non-traditional share structure in that its American Depositary Shares (ADS) that trade on the NASDAQ represent two of … The molecular nuclear medicine is a medical specialty that uses trace amounts of radioactive compounds to create functional images of organs and lesions and to treat diseases including cancer. © Stock Advisor launched in February of 2002. It develops, produces, and commercializes molecular nuclear medicine diagnostic and therapeutic products. See More Posts on {{symbol}} Message Board. Click here to write a private note about this stock. Returns as of 10/15/2020. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Its PET and SPECT are imaging techniques in molecular nuclear diagnostics with applications in clinical oncology, cardiology and neurology. AAAP 81.63 0.00 (0.00%). 81.63 0.00 (0.0%) Upgrade to Real-Time Afterhours (Closed) Best deals to access real time data! When information about mergers and acquisitions is leaked to the media, it's a good idea to try and figure out why that might happen. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income. Market data powered by FactSet and Web Financial Group. $52.04. AAA is currently trading below the acquisition price, implying that investors don't think it's likely another bidder will come along and make a higher offer, which seems reasonable considering it's been publicly known that AAA was on the auction block for a month. Let's conquer your financial goals together...faster. 2020 Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. In the deal, Novartis gets AAA's Lutathera, which treats gastroenteropancreatic neuroendocrine tumors. Its other diagnostic product is Gluscan, its branded fluorodeoxyglucose PET imaging agent. See you at the top! Buying at a discount today might seem like free money, but keep in mind, there's an opportunity cost holding the shares between now and when the deal actually closes, plus buyers are taking on the risk that the deal falls through for some reason. $33.03. Considering Novartis' strong focus in cancer, acquiring AAA looks like a good addition, although arguably some of the pipeline drugs will have to come to fruition to justify the price tag. It's possible that the person has gone rogue, but with multiple people willing to talk, it's more likely that one of the companies -- likely through their investment bankers -- has decided that it's helpful to make the information public. The company includes a portfolio of six diagnostic positron emission tomography (PET) and single-photon emission computed tomography (SPECT) products. Free trial . Returns as of 10/15/2020. Nevertheless, the fact that Bloomberg has people -- as opposed to a person -- willing to talk gives the idea a little more validity. Follow AAAP. MNM uses trace amounts of radioactive compounds to create functional images of organs and lesions and to treat diseases, such as cancer. Advanced Accelerator Applications. AAA also has a pipeline of drugs built on the same platform called RadioLigand Therapy, which attaches peptides that binds to tumors to radioactive compounds that damage tumor cells. Company profile page for Advanced Accelerator Applications USA Inc including stock price, company news, press releases, executives, board members, and contact information He has written about biotech, pharmaceutical, and medical device companies for The Motley Fool since 2007. Cumulative Growth of a $10,000 Investment in Stock Advisor, Why Advanced Accelerator Application SA Stock Jumped Higher Today @themotleyfool #stocks $AAAP $NVS, rather dismal year for biotech acquisitions, Here's Why Advanced Accelerator Application SA Rose 20% in October, Why Advanced Accelerator Applications SA Acquired a Higher Price Today, Copyright, Trademark and Patent Information. Why Advanced Accelerator Application SA Stock Jumped Higher Today An acquisition rumor has the radiopharmaceutical company's shares on the rise. Free forex prices, toplists, indices and lots more. As typically happens with these things, Bloomberg cites unidentified "people familiar with the matter," with both companies declining to comment. Advanced Accelerator Applications SA is a French-based radiopharmaceutical company. Advanced Accelerator Applications (AAA) has a somewhat non-traditional share structure in that its American Depositary Shares (ADS) that trade on the NASDAQ represent two of its ordinary shares, so the takeout price is $82 per ADS, which most U.S. investors would own, which is equivalent to $41 per ordinary share. Real-Time Alerts for Volume Breakouts, Highs and Lows for NYSE, NASDAQ, Amex, OTC Markets and OTCBB. The people said the companies have actually held talks, implying that this is more than just a fleeting idea for Novartis. The fit between Novartis and Advanced Accelerator Application seems reasonable, with many of the radiopharmaceutical company's drugs used to diagnose and treat cancer, which falls in one of Novartis' wheelhouses. Advanced Accelerator Applications (AAA) is a pharmaceutical group specialized in the field of nuclear medicine. Of the two, it seems more likely that it's Advanced Accelerator Application involved with the media leak since Bloomberg notes that the company "could also attract interest from other drugmakers, the people said," which sounds more like something Advanced Accelerator Application's representatives would point out. NASDAQ Updated Feb 9, 2018 8:00 PM It's also possible that it's Advanced Accelerator Application's people that are talking to the media, trying to get Novartis to offer a higher price or perhaps spur a bidding war. Big Cap Pro. Looking at the ADSs, $82 is only a 12% premium on Friday's closing price, but rumors of the deal have been in the wind for a month.

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