BioCentury
ARTICLE | Finance

Ebb & Flow

June 1, 2009 7:00 AM UTC

On its face, the deal to take out CuraGen Corp. (NASDAQ:CRGN) is returning about $0.18 for every dollar the genomics-based oncology company has raised since it went public. But the $94.5 million all-stock offer announced last Friday by immunotherapeutics company Celldex Therapeutics Inc. (NASDAQ:

CLDX) may turn out to be good deal for current shareholders...