News and Trends 14 Aug 2015
Roche’s €382M Acquisition to Expand its Fight against Drug-Resistant Bacteria
The biggest biotech company worldwide has just become even bigger: Roche acquired the Californian GeneWEAVE BioSciences, a privately held company that developed a cool technology to diagnose drug-resistant bacteria. For the integration, Roche shells out $190M (€171M) upfront and up to $235M (€211M) product-related milestones. GeneWEAVE is an American company that developed a technology which is […]