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Roche buys GlycArt Biotechnology for CHF235mm
21 Jul 2005
Executive Summary
For about CHF235mm ($181.58mm) in cash, Roche has agreed to acquire all the outstanding capital stock of GlycArt Biotechnology AG, a private Swiss company developing enhanced antibodies, specifically with increased cytotoxicity, for cancer.
Deal Industry
- Pharmaceuticals
-
Biotechnology
-
Large Molecule
- Antibodies
-
Large Molecule
Deal Status
- Final
Deal Type
-
Acquisition
- Acquisition of Private Biotech
- Full Acquisition
- Payment Includes Cash
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Roche buys GlycArt Biotechnology for CHF235mm
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