Tag Archives: Roche
Roche and Genentech Seal the Deal
for $46.8 Billion
After months and months of back and forth over the true value of Genentech, Roche finally got the good news it’s been looking for: Genentech’s board of directors, this morning, approved Roche’s latest offer of $46.8 billion ($95 per share) to acquire all shares of the biotech giant.
Roche plans to keep the Genentech site in [...]
JP Morgan Healthcare Conference:
It’s All About "Money…Rather the Economy!"
JP Morgan’s Healthcare Conference has always been about financing, but money has never been the main focus like it is at this year’s annual gathering in San Francisco. The hallmark of this investment meeting has been innovation, with companies passionately pitching their new product or technology and management team’s capability to execute on a [...]
Posted in Events Also tagged Art Levinson, conference, DNA, Erich Hunziker, Gene, Genentech, healthcare, JP Morgan, Merck, NME, Richard Clark, Ted Kennedy 1 Comment
UBS Life Science Conference Dominated by Wall Street Drama
The UBS meeting’s annual Global Life Sciences Conference this week in Manhattan confronted a unique nexus of Wall Street’s manic behaviors resulting from the nation’s financial crisis and the heavy presence of security on the streets and at the conference hotel as the Sept. 22-25 meeting coincides with nearby UN sessions. These events heightened the [...]
What a Week! Roche and Genentech … and Mirus!?!
The big news this week—and, for that matter, this year—is Roche’s offer to buy the 44 percent of Genentech that it doesn’t already own. The blogosphere is burning with all the predictable predictions, dire and otherwise, attendant on a big pharma takeover of a biotech. The phrase “killing the goose that’s been laying the golden [...]

M&A Round-up • 3/25/2009