Buy­out buzz bumps Madri­gal stock fur­ther north, stok­ing the in­dus­try's NASH ob­ses­sion

Just weeks af­ter the com­pa­ny’s promis­ing NASH da­ta rock­et­ed its stock near­ly 150%, Madri­gal is get­ting an­oth­er boost to its share price to­day on buzz of a po­ten­tial buy­out.

The West Con­shohock­en, Pennsly­va­nia-based com­pa­ny, which has just nine em­ploy­ees and a cur­rent mar­ket cap of $4.3 bil­lion, is con­sid­er­ing a sale af­ter get­ting takeover in­ter­est from po­ten­tial buy­ers, Bloomberg re­port­ed Wednes­day.

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