Two Blokes

Mayne Pharma slumps 30% as Cosette threatens to scrap $432 million deal

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    Posted by Two Blokes May 21, 2025 - Filed in Stock - 3 views
    Shares of Mayne Pharma plunged 30% on Wednesday after U.S.-based Cosette Pharmaceuticals initiated a review of its A$672 million ($432.1 million) acquisition, citing a "material adverse change" in the Australian firm's business and finances.