Pharma Deals Review, Vol 2009, No 1 (2009)

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Roche Gets Hostile with Genentech

Taskin Ahmed

Abstract


Roche decided to make a hostile bid for Genentech possibly spurred on by the Pfizer and Wyeth mega-merger. Roche had cut its price by 2.8% from its previous friendly offer made in July 2008.

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