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Benzinga
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Day One Biopharma Expands Oncology Pipeline With $285 Million Mersana Buyout

1. Day One Biopharmaceuticals acquires Mersana Therapeutics for approximately $285 million. 2. DAWN shares dropped 5.78% amid acquisition news; MRSN shares surged 206.82%. 3. Day One's Ojemda revenue guidance raised to $145-$150 million for 2025. 4. Transaction expected to close by the end of January 2026. 5. Emi-Le development targets high unmet need in adenoid cystic carcinoma.

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FAQ

Why Bearish?

Despite future opportunities via acquisition, immediate market reaction was negative for DAWN.

How important is it?

The acquisition is significant but overshadowed by immediate negative reactions in the short term.

Why Long Term?

The acquisition may provide strategic benefits long-term, improving DAWN's product pipeline and revenues.

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