Health

Roche to acquire liver drug developer 89bio for up to $3.5 billion

Photo caption: Roche

 

Roche said on Thursday it agreed to acquire U.S. biotech firm 89bio (ETNB.O) for up to $3.5 billion to strengthen its development pipeline on liver and cardiometabolic disease treatments.

In a statement, the Swiss drugmaker said the deal was worth about $2.4 billion, or up to $3.5 billion when including a non-tradeable contingent value right.

=== Reuters ===

 

 

Related posts

FG alerts CMD’s, MD’s on fake COVID-19 Vaccines 

Our Reporter

Nigeria records 195 new COVID-19 cases, total now 1532

Olamilekan FAWAS 

Nigeria records 21 new COVID-19 cases – NCDC

Abisola THOMPSON

Vaccine side effect fear: Vaccination continues, says FG, eight countries suspend rollout

Our Reporter

COVID-19: FEC approves N8.4bn for additional testing, diagnostic materials for 774 LGAs

Shile GIWA

LUTH delivers 4th COVID-19 patients of twins

Meletus EZE