Roche Pays US$7.1 B for Bowel Disease Drug from Roivant and Pfizer
Lucy Haggerty
Abstract
In an attempt to boost its pipeline, Roche has agreed to acquire Telavant Holdings from Roivant Sciences and Pfizer in a deal worth up to US$7.25 B. Through the agreement, Roche will gain rights to develop, manufacture and commercialise Phase III-ready TL1A-directed antibody, RVT-310, in the US and Japan for the treatment of inflammatory bowel disease, including ulcerative colitis and Crohn’s disease. The deal comes at a particularly busy time for TL1A therapies as other big pharma companies, such as Merck & Co. and Sanofi, have similarly announced big ticket deals within the space.
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