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XERS - The Xeris-Strongbridge Merger Should Create Substantial Value For Shareholders
Xeris Pharmaceuticals Inc.
Xeris announced last month that it would be acquiring Strongbridge Biopharma in an all-stock and CVR deal.
Xeris has been a holding of mine for a while, and now the company has added further depth to its pipeline with another endocrinology product, Recorlev.
I view the long-term opportunity in Xeris more positively than before the deal was announced and have already added more exposure to the stock in my portfolio.