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Monday, May 1, 2023

UroGen Pharma jumps amid takeover speculation

 

Urogen Pharma (URGN) rose 8% amid takeover speculation for the biotech firm focused on bladder cancer.Urogen (URGN) is said to have hired advisors Centerview Partners after receiving a takeover offer for $17 a share, according to a Street Insider report, which cited an unidentified source. The bank is said to be conducting a sales process with final bids due shortly.

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