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Leading Indicators
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Pharmaceutical Executive
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August 1, 2008
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Copyright informationCopyright Advanstar Communications, Inc. Aug 2008. Provided by ProQuest LLC. (Hide copyright information)
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People + events + ideas that are shaping pharma's future
Roche has been a very busy pharma, snagging two smaller firms and putting in a bid to purchase the remaining shares of Genentech that it doesn't already own
Roche announced that had offered $43.7 billion to fully acquire biotech giant Genentech, of which Roche is already the primary shareholder. The company laid out a plan to move its New Jersey commercial operations to San Francisco, consolidate manufacturing departments, and leave Genentech's research and development division as a stand-alone entity.
Barely 24 hours later, Roche broke the news that it had agreed to fully acquire Mirus for ...
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