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Paratek Pharamceuticals jumps amid report about takeover interest

Jun. 01, 2023 3:18 PM ETParatek Pharmaceuticals, Inc. (PRTK)By: Joshua Fineman, SA News Editor1 Comment
Prescription-Pills

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  • Paratek Pharmaceuticals (NASDAQ:PRTK) soared 22% amid a report about one of the potential private equity buyers for the biopharma company.
  • Gurnet Point Capital is said to be one of the PE firms circling the company, according to a Betaville "rare" alert.
  • The speculation comes after Betaville said in March that Paratek (PRTK) is a takeout target and that PE firms are the likely suitors.
  • Paratek's (PRTK) marketed products include the antibiotics Nuzyra (omadacycline) and Seysara (sarecycline).
  • Paratek (PRTK) reported Q1 results last month.

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