Alpha calls OncoSec snub 'outrageous'

17 January 2020

US immuno-oncology company OncoSec Medical Incorporated (Nasdaq: ONCS) has snubbed an attempted takeover by Korea’s Alpha Holdings (Kosdaq: 117670).

A special committee appointed by OncoSec’s board unanimously recommended that the company not pursue Alpha’s proposal due to ‘numerous concerning and potentially value-destructive elements’.

An 'egregious scheme'

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