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Provention Bio gains after HSR waiting period for Sanofi deal expired

Apr. 26, 2023 9:11 AM ETProvention Bio, Inc. (PRVB) Stock, SNY StockBy: Joshua Fineman, SA News Editor1 Comment
Night Sanofi office building in Berlin, Germany.

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  • Provention Bio (NASDAQ:PRVB) rose 3.1% in premarket trading after the HSR antitrust waiting period for the company's sale to Sanofi (NASDAQ:SNY) expired. Sanofi rose 1%.
  • Sanofi (SNY) announced that the HSR waiting period for the  Provention Bio (PRVB) deal had expired in a statement. 
  • Sanofi (SNY) agreed to acquire diabetes drugmaker Provention Bio (PRVB)  for ~$2.9 billion, or $25 a share last month. 

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