Astellas To Acquire Ocata Therapeutics

Japanese biotech Astellas is set to acquire Ocata Therapeutics at a 90% premium to the previous day’s closing price.  This is yet another Scrying Biotech triumph joining Trevena, Amarin and Synergy Pharmaceutical as plus 100% hits in 2015, the latter of which climbed 298% since my initial coverage earlier in the year.  While controversial to many long-term holders of the equity, Ocata represents the latest example of a well-timed trade.  Here’s my September 5th Tweet…

Twitter on Ocata

If someone is having a better year blogging or investing in biotech, please let me know who they are by emailing me at: michael@scryingbiotech.com  I’ll leave you with my latest TipRanks profile capture.  And let you know that Zafgen (ZFGN) will continue to climb, albeit, in spurts as the company makes its scientific and clinical pursuits whole again.

TipRanks 11-11-15

Always be well…