Pharma Deals Review, Vol 2011, No 7 (2011)

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Roche Broadens its Cancer Diagnostics Portfolio with mtm laboratories Acquisition

Heather Cartwright

Abstract


Roche is poised to expand its global cancer diagnostics product offering by entering into an agreement to acquire the German in vitro diagnostics company mtm laboratories for €190 M (US$267 M). The acquisition will provide Roche with a complementary portfolio of cervical cancer diagnostics, including CINtec® PLUS Cytology for the detection of precancerous lesions and the CINtec Histology Kit for the identification of high-grade cervical intraepithelial neoplasia and cervical carcinoma in biopsy samples.



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