fbpx
Wikipedia

Roche

Coordinates: 47°33′31″N 7°36′22″E / 47.558624°N 7.606018°E / 47.558624; 7.606018

F. Hoffmann-La Roche AG, commonly known as Roche, is a Swiss multinational healthcare company that operates worldwide under two divisions: Pharmaceuticals and Diagnostics. Its holding company, Roche Holding AG, has shares listed on the SIX Swiss Exchange. The company headquarters are located in Basel. Roche is the fifth largest pharmaceutical company in the world by revenue,[5] and the leading provider of cancer treatments globally.[6][7]

Roche Holding AG
The Roche Tower, headquarters of Hoffmann-La Roche in Basel (2015).
TypeAktiengesellschaft
SIX: ROG
ISINCH0012032048
IndustryPharmaceuticals
Founded1896; 127 years ago (1896)
FounderFritz Hoffmann-La Roche
HeadquartersBasel, Switzerland
Key people
ProductsPharmaceuticals and diagnostics (List of products)
Revenue SFr 62.80 billion (2021)[4]
SFr 18.16 billion (2021)[4]
SFr 14.94 billion (2021)[4]
Total assets SFr 92.32 billion (2021)[4]
Total equity SFr 28.35 billion (2021)[4]
Number of employees
100,920 (2021)[4]
ParentRoche Holding AG
SubsidiariesGenentech, Ventana
Websitewww.roche.com
Participation certificate of the F. Hoffmann-LaRoche & Co AG, issued 15 January 1932

The company controls the American biotechnology company Genentech, which is a wholly owned affiliate, and the Japanese biotechnology company Chugai Pharmaceuticals, as well as the United States-based companies Ventana and Foundation Medicine. Roche's revenues during fiscal year 2020, were 58.32 billion Swiss francs. Descendants of the founding Hoffmann and Oeri families own slightly over half of the bearer shares with voting rights (a pool of family shareholders 45%, and Maja Oeri a further 5% apart), with Swiss pharma firm Novartis owning a further third of its shares until 2021. Roche is one of the few companies increasing their dividend every year, for 2020 as the 34th consecutive year.

F. Hoffmann-La Roche is a full member of the European Federation of Pharmaceutical Industries and Associations (EFPIA).[8]

History

Founded in 1896 by Fritz Hoffmann-La Roche, the company was early on known for producing various vitamin preparations and derivatives.[9] In 1934, it became the first company to mass-produce synthetic vitamin C, under the brand name Redoxon. During the Second World War Roche collaborated with the Nazi regime in Germany and used forced labour in its German and Polish based factories.[10] In 1957, it introduced the class of tranquilizers known as benzodiazepines (with Valium and Rohypnol being the best known members).[11] It manufactures and sells several cancer drugs and is a leader in this field. In 1956, the first antidepressant, iproniazid, was accidentally created during an experiment while synthesizing isoniazid. Originally, it had been intended to create a more efficient drug at combatting Tuberculosis. Iproniazid, however, revealed to have its own benefits; some people felt it made them feel happier. It was withdrawn from the market in the early 1960s, due to toxic side-effects.

In 1976, an accident at a chemical factory in Seveso, Italy, owned by a subsidiary of Roche, caused a large dioxin contamination. In 1982, the United States arm of the company acquired Biomedical Reference Laboratories for US$163.5 million. That company dated from the late 1960s, and was located in Burlington, North Carolina. That year Hoffmann-La Roche then merged it with all of its laboratories, and incorporated the merged company as Roche Biomedical Laboratories, Inc. in Burlington. By the early 1990s, Roche Biomedical became one of the largest clinical laboratory networks in the United States, with 20 major laboratories and US$600 million in sales.[12]

Roche has also produced various HIV tests and antiretroviral drugs. It bought the patents for the polymerase chain reaction (PCR) technique in 1992. In 1995, the era of highly active anti-retroviral therapy (HAART) was initiated by the United States FDA's approval of Hoffman LaRoche's HIV protease inhibitor saquinavir. Within 2 years of its approval (and that of ritonavir 4 months later) annual deaths from AIDS in the United States fell from over 50,000 to approximately 18,000 [13] On 28 April 1995, Hoffmann-La Roche sold Roche Biomedical Laboratories, Inc. to National Health Laboratories Holdings Inc. (which then changed its name to Laboratory Corporation of America Holdings).[14] Roche acquired Syntex in 1994, and Chugai Pharmaceuticals in 2002.

Oseltamivir is a controversial antiviral drug used to combat avian influenza, commonly known as the bird flu. Roche is the only drug company authorized to manufacture the drug, which was discovered by Gilead Sciences. Roche purchased the rights to the drug in 1996, and in 2005, settled a royalty dispute, agreeing to pay Gilead tiered royalties of 14–22% of annual net sales without adjusting the payments for manufacturing costs, as had been allowed in the original licensing agreement.[15]

On 20 October 2005, Hoffmann-La Roche decided to license other companies to manufacture Oseltamivir.[16]

Also in 2005, Roche acquired the Swiss company GlycArt Biotechnology in order to acquire technology to afucosylate antibodies; one of its products in development was obinutuzumab, which gained FDA approval in November 2013 for the treatment of chronic lymphocytic leukemia.[17][18][19]

On 22 January 2008, Roche acquired Ventana Medical Systems for $3.4 billion.[20] On 2 January 2009, Roche acquired Memory Pharmaceuticals Corp.[21]

On 26 March 2009, Roche acquired Genentech for $46.8 billion.[22] On 12 March 2009, Roche agreed to fully acquire Genentech, in which it had held a majority stake since 1990,[23] after eight months of negotiations. As a result of the Genentech acquisition, Roche moved its Palo Alto based research facilities to their campus that straddles the border between Clifton, New Jersey and Nutley, New Jersey while Roche's United States headquarters, located on the New Jersey site since 1929, was moved to Genentech's facility in South San Francisco.[24] Genentech became a wholly owned subsidiary group of Roche on 25 March 2009.[25] Roche began vacating the NJ site in 2012, and sold it off in 2016.[26]

Roche acquired Medingo Ltd. in April 2010, for $160 million[27] and BioImagene, Inc. in August for $100 million.[28]

In 2011, the company received the International Society for Pharmaceutical Engineering Facility of the Year Award for Process Innovation for Roche's "MyDose" Clinical Supply project.[29] In March 2011, Roche acquired PVT Probenverteiltechnik GmbH for up to €85 million.[30] In July 2010, Roche acquired mtm laboratories AG for up to 190 million EUR.[31] On October, Roche acquired Anadys Pharmaceuticals, Inc. for $230 million.[32] In December, Roche announced it would acquire Munich-based Verum Diagnostica GmbH, gaining entry to the fastest-growing field in the coagulation diagnostics market.[33]

On 26 June 2012, Roche announced the closure of the Nutley/Clifton campus, which was completed in 2013. The property is in the process of remediation.[34]

In July 2013, Roche Diagnostics acquired blood diagnostics company Constitution Medical Inc. for $220 million.[35] Later, in September, Genentech announced it would acquire Arrayit Corporation.[36]

On 7 April 2014, Roche announced its intention to acquire IQuum for up to $450 million,[37] as well as the rights to an experimental drug (ORY-1001) from Spanish company Oryzon Genomics for $21 million and up to $500 million in milestone payments.[38] On 2 June, Roche announced its intention to acquire Genia Technologies Inc. for up to $350 million.[39] In August 2014, the company agreed to purchase Californian-based pharmaceutical firm InterMune for $8.3 billion, at $74 a share this represents a 38% premium over the final share closing price,[40][41] as well as Santaris Pharma A/S for $450 million.[42] In December 2014, the company acquired next-generation sequencing processing company Bina Technologies for an undisclosed sum[43] and Dutalys GmbH[44] a developer of next-generation anti-bodies.[44]

On 16 January 2015, the company announced that they would acquire Trophos for €470 million ($543 million) in order to increase the company's neuromuscular disease presence. The deal will centre on the Phase II and III spinal muscular atrophy drug olesoxime (TRO19622).[45] In April 2015, Roche acquired CAPP Medical, and its chief development of technology for cancer screening and monitoring via the detection of circulating tumour DNA.[46]

In August, the company announced its intention to acquire GeneWEAVE, Inc. for up to $425 million in order to strengthen its microbial diagnostics business.[47] Days later the company acquired Kapa Biosystems, Inc. for $445M, focussing on next generation sequencing and polymerase chain reaction applications.[48] In October 2015, the company acquired Adheron Therapeutics for $105 million (plus up to $475 million in milestone payments).[49]

In January 2016, the company announced it would acquire Tensha Therapeutics for $115 million upfront, with $420 million in contingent payments.[50]

In January 2017, the company acquired ForSight VISION4.[51] In June, the company acquired the diabetes management platform, mySugr GmbH for an undisclosed price.[52] In November Roche acquired Viewics, Inc.[53] In late December the company announced it would acquire Ignyta Inc, expanding its global oncology business.[54]

In February 2018, Roche announced it would acquire Flatiron Health, a business specialising in US cancer data analytics, for $1.9 billion.[55][56] In June of the same year the company announced it would acquire the outstanding shares of Foundation Medicine for $2.4 billion ($137 per share).[57] Later in September Roche announced its intention to acquire Tusk Therapeutics for up to €655 million ($759 million) expanding Roche's oncology pipeline. Tusk announced that the anti-CD38 antibody it is developing will be spun off to form a new company, Black Belt Therapeutics.[58] In late November, the company announced that Genentech would acquire Jecure Therapeutics, gaining access to Jecure's portfolio of NLRP3 inhibitors developed to fight inflammatory diseases like non-alcoholic steatohepatitis and liver fibrosis.[59]

In February 2019, the business announced it would acquire gene therapy company, Spark Therapeutics, for US$4.3 billion ($114.50 per share) adding Spark's gene therapy portfolio to its previous acquired assets. Spark has an already approved treatment for Leber's congenital amaurosis, Luxturna – priced at US$850,000 per patient.[60] The offer to acquire Spark Therapeutics was extended to May 2019 after Roche was unable to garner majority support from Spark shareholders.[61] A second gene therapy-related action came in December with the US$1.15 billion acquisition of non-United States rights to an investigational duchenne muscular dystrophy gene therapy developed by Sarepta Therapeutics.[62] In November, Roche acquired Promedior and its lead treatment – PRM-151 – for the treatment of idiopathic pulmonary fibrosis, for $390 million upfront and another $1 billion in milestone payments.[63][64]

In March 2020, the Roche Diagnostics division reached a significant milestone with the FDA-approval of its high-volume Sars-CoV-2 diagnostic test, capable of analysing 1,400-8,800 samples within 24h on the proprietary Cobas 6800/8800 molecular testing system.[65] In May the company announced it had acquired US-based Stratos Genomics for an undisclosed amount.[66][67] In September, the business acquired Ireland-based Inflazome, for €380 million, gaining control of its NLRP3 inflammasome inhibitors.[68][69]

In March 2021, Roche announced it would acquire GenMark Diagnostics for $1.8 billion.[70][71] Under the terms of agreement, Genmark diagnostics will become a subsidiary and the principal operations will continue to remain in Carlsbad, California.[72] In September, the company announced it would acquire German biotech group, TIB Molbiol, enhancing its molecular diagnostics operations.[73]

Family

The Hoffmann-La Roche family is Switzerland's richest and one of the most secretive families.[74] Many members of the family don't carry the last name Hoffmann anymore. Some are known as Oeri, Michalksi, Faber-Castell, Fabre, Schmid or Duschmalé.[75]

Acquisition history

Roche Acquisitions
  • Hoffmann-La Roche (Founded 1896 by Fritz Hoffmann-La Roche)
    • Biomedical Reference Laboratories (Acq 1982, restructured into Roche Biomedical Laboratories, Inc in 1982, sold 1995)
    • Syntex (Acq 1994)
    • Chugai Pharmaceuticals (Acq 2002)
    • 454 Life Sciences (Acq 2007)
    • Roche Diagnostics
      • Spring BioScience Corp (Acq 2007)
      • Ventana Medical Systems (Acq 2009)
      • mySugr GmbH (Acq 2017)
      • Viewics, Inc (Acq 2017)
      • Flatiron Health (Acq 2018)
      • Stratos Genomics (Acq 2020)
    • Memory Pharmaceuticals Corp (Acq 2009)
    • Genentech (Acq 2009)
      • Tanox, Inc (Acq 2006)
      • Arrayit Corporation (Acq 2013)
      • Seragon (Acq 2014)
      • Jecure Therapeutics (Acq 2018)
    • Medingo Ltd (Acq 2010)
    • BioImagene, Inc. (Acq 2010)
    • PVT Probenverteiltechnik GmbH (Acq 2010)
    • MTM laboratories AG (Acq 2010)
    • Anadys Pharmaceuticals, Inc. (Acq 2010)
    • Verum Diagnostica GmbH (Acq 2011)
    • Constitution Medical Inc. (Acq 2012)
    • IQuum (Acq 2014)
    • Genia Technologies Inc. (Acq 2014)
    • InterMune (Acq 2014)
    • Santaris Pharma A/S (Acq 2014)
    • Bina Technologies, Inc. (Acq 2014)
    • Dutalys GmbH (Acq 2014)
    • Ariosa Diagnostics (Acq 2014)
    • Trophos (Acq 2015)
    • CAPP Medical (Acq 2015)
    • GeneWEAVE BioSciences, Inc. (Acq 2015)
    • Kapa Biosystems, Inc. (Acq 2015)
    • Adheron Therapeutics (Acq 2015)
    • Tensha Therapeutics (Acq 2016)
    • ForSight VISION4 (Acq 2017)
    • Ignyta Inc (Acq 2017)
    • Foundation Medicine, Inc. (Acq 2018)
    • Tusk Therapeutics (Acq 2018)
    • Spark Therapeutics (Acq 2019)
    • Promedior (Acq 2019)
    • Stratos Genomics (Acq 2020)
    • Inflazome (Acq 2020)
    • GenMark Diagnostics (Acq 2021)
    • TIB Molbiol (Acq 2021)

Financial data

Financial data in CHF billions[76][77][78]
Year 2013 2014 2015 2016 2017 2018 2019 2020 2021
Revenue 46.780 47.462 48.145 50.576 53.299 56.846 63.751 58.323 62.801
Net Income 11.164 9.332 8.863 9.576 8.633 10.865 14.108 15.068 14.935
Assets 62.167 75.641 75.763 76.819 76.676 78.517 83.091 86.138 92.317
Employees 85,080 88,509 91,747 94,052 93,734 94,442 97,735 101,238 100,920

Divisions

Roche has two major divisions: Pharmaceuticals and Diagnostics.

Roche Diagnostics manufactures diagnostic equipment and reagents for research and medical diagnostic applications. Internally, it is organised into five major business areas: Roche Applied Science, Roche Professional Diagnostics, Roche Diabetes Care, Roche Molecular Diagnostics and Roche Tissue Diagnostics (Ventana). The main location for Roche Professional Diagnostics is in Rotkreuz, Switzerland.[4]

All business areas except Roche Applied Science focus on health care applications, targeting either physicians, hospitals and clinics, or consumers. Applied Science targets research settings in academia and pharmaceutical and biotechnology industries.

Products

Hoffmann-La Roche develops drugs used for cancer treatment, against virus diseases and for treatment of metabolic diseases. The company is the world's largest spender in pharmaceutical R&D.[79]

 
Tamiflu box

Drugs produced by Roche include:[needs update][original research?][citation needed]

Diabetes management products produced by Roche under the Accu-Chek brand include Accu-Chek Mobile, Accu-Chek Aviva, Accu-Chek Compact Plus, Accu-Chek Aviva Expert, Accu-Chek Active, Accu-Chek Advantage, Accu-Chek Performa, Accu-Chek Aviva Nano, Accu-Chek Performa Nano blood glucose monitors. Accu-Chek Spirit and Accu-Chek Combo insulin pumps. Accu-Chek 360 and SmartPix diabetes management software.

Other products include:

Price-fixing conspiracy

Stanley Adams, Roche's World Product Manager in Basel, contacted the European Economic Community in 1973 with evidence that Roche had been breaking antitrust laws, engaging in price fixing and market sharing for vitamins with its competitors. Roche was fined accordingly, but a bungle on the part of the EEC allowed the company to discover that it was Adams who had blown the whistle. He was arrested for unauthorised disclosure — an offence under Swiss law — and imprisoned. His wife, having learnt that he might face decades in jail, committed suicide.[81]

In 1999 the firm pleaded guilty to participation in a worldwide conspiracy to raise and fix prices for vitamins sold in the US and globally. Hoffmann-La Roche paid $500 million in criminal fines to the United States.[81][82][83]

Collaborative research

In addition to internal research and development activities F. Hoffmann-La Roche is also involved in publicly funded collaborative research projects, with other industrial and academic partners. One example in the area of non-clinical safety assessment is the InnoMed PredTox.[84][85] The company is expanding its activities in joint research projects within the framework of the Innovative Medicines Initiative of EFPIA and the European Commission.[86]

See also

References

  1. ^ "Executive Committee". Roche.com. F. Hoffmann-La Roche. from the original on 14 September 2016. Retrieved 26 November 2016.
  2. ^ "Roche names new head of $13 billion diagnostics unit". Reuters. 11 June 2019.
  3. ^ "FDA Grants Roche Breakthrough Therapy Designation on Hemophilia Drug". BioPharm International. UBM. 19 April 2018. Retrieved 20 April 2018.
  4. ^ a b c d e f g "Financial Report 2021" (PDF). Roche Holding. 4 February 2022. Retrieved 5 April 2022.
  5. ^ McGlauflin, Paige (15 August 2022). "The world's 10 biggest pharmaceutical companies raked in over $700 billion in revenue in 2021". Fortune. Archived from the original on 17 August 2022.
  6. ^ "Top 10 Oncology Pharma Companies in the World | Market Research Blog". Market Research Reports® Inc. 17 May 2019.
  7. ^ "Top 20 pharma companies by oncology sales - Top Pharma List - PMLiVE". pmlive.com. 16 June 2014.
  8. ^ . European Federation of Pharmaceutical Industries and Associations (EFPIA). p. 49. Archived from the original on 16 September 2008. Retrieved 25 August 2008. {{cite news}}: External link in |publisher= (help)
  9. ^ "Switzerland's Biggest Family Fortune Has Prospered for 124 Years". Bloomberg.com. 6 August 2020. Retrieved 16 March 2022.
  10. ^ "Chemical firms exploited Nazi links, probe found".
  11. ^ HannahBlake (1 November 2012). "A history of Roche". pharmaphorum.com. Retrieved 16 March 2022.
  12. ^ "Roche Biomedical Laboratories, Inc". FundingUniverse.com.
  13. ^ "HIV Surveillance --- United States, 1981—2008". Retrieved 8 November 2013.
  14. ^ Laboratory Corp of America Holdings · 10-Q · For 3/31/95, SECInfo.com, Filed On 5/15/95, SEC File 1-11353, Accession Number 920148-95-11
  15. ^ "Roche, Gilead End Tamiflu Feud". Red Herring. 16 November 2005.
  16. ^ Kher, Unmesh (19 October 2005). . Time. Archived from the original on 22 October 2005. Retrieved 22 May 2008.
  17. ^ . roche.com. Archived from the original on 5 February 2015. Retrieved 29 April 2015.
  18. ^ by Dr. Joël Jean-Mairet. Brussels, March 31, 2011
  19. ^ Cameron, F; McCormack, PL (January 2014). "Obinutuzumab: first global approval". Drugs. 74 (1): 147–54. doi:10.1007/s40265-013-0167-3. PMID 24338113. S2CID 40983655.
  20. ^ . Archived from the original on 5 June 2014. Retrieved 2 June 2014.
  21. ^ Pollack, Andrew (12 March 2009). "Roche buys Memory Pharmaceuticals". The New York Times. Retrieved 2 June 2014.
  22. ^ Pollack, Andrew (12 March 2009). "Roche buys Genentech". The New York Times. Retrieved 2 June 2014.
  23. ^ Pollack, Andrew (5 February 1990). "Genentech-Roche Deal May Spur Similar Ties". The New York Times. Retrieved 11 April 2009.
  24. ^ Bawden, Tom (13 March 2009). . The Times. London. Archived from the original on 12 June 2011. Retrieved 11 April 2009.
  25. ^ Jucca, Lisa; Cage, Sam (26 March 2009). "Roche completes Genentech buy". Reuters. Retrieved 11 April 2009.
  26. ^ Proctor, Owen (17 June 2017). "Ex-Roche campus reinvented as 'On3' science center". northjersey.com. Retrieved 30 August 2022.
  27. ^ . Archived from the original on 12 January 2014. Retrieved 2 June 2014.
  28. ^ . Archived from the original on 5 June 2014. Retrieved 2 June 2014.
  29. ^ "2011 Facility of the Year Category winners". Retrieved 28 June 2012.
  30. ^ . Archived from the original on 5 June 2014. Retrieved 2 June 2014.
  31. ^ . Archived from the original on 5 June 2014. Retrieved 2 June 2014.
  32. ^ . Archived from the original on 5 June 2014. Retrieved 2 June 2014.
  33. ^ "Roche Acquires Verum Diagnostica GmbH for €11 Million". BioSpace.
  34. ^ . Archived from the original on 18 May 2013. Retrieved 28 June 2012.
  35. ^ . Archived from the original on 2 June 2014. Retrieved 2 June 2014.
  36. ^ "Genentech Purchases Arrayit Corporation Technology". BioSpace.
  37. ^ . Archived from the original on 2 June 2014. Retrieved 2 June 2014.
  38. ^ Copley, Caroline (7 April 2014). "Roche buys experimental drug rights from Oryson". Reuters. Retrieved 2 June 2014.
  39. ^ Mulier, Thomas (2 June 2014). "Roche buys Genia". Bloomberg. Retrieved 2 June 2014.
  40. ^ Michelle Cortez (24 August 2014). "Roche Holding Agrees to Buy InterMune for $8.3 Billion". Bloomberg L.P.
  41. ^ "Roche pays 37% premium on shares for InterMune in US $8.3bn deal". San Francisco News.Net. 24 August 2014. Retrieved 24 August 2014.
  42. ^ "Roche Bags Santaris Pharma A/S In Deal Worth $450 Million". BioSpace.
  43. ^ "Roche Acquires Big Data Platform Provider". GEN. 19 December 2014.
  44. ^ a b "Roche To Pay Up To $489 Million For Next-Gen Antibody Firm Dutalys". BioSpace.
  45. ^ "Roche to Buy Trophos for Up-to-$543M". GEN. 16 January 2015.
  46. ^ "Roche Grabs CAPP Medical, a "Liquid Biopsy" Startup Targeting Cancer". BioSpace.
  47. ^ "Roche to Acquire GeneWEAVE for Up-to $425M". GEN. 13 August 2015.
  48. ^ "Roche Acquires Genomic Tools Provider Kapa Biosystems". GEN. 19 August 2015.
  49. ^ "Roche to Acquire Adheron Therapeutics for $105 Upfront - GEN Genetic Engineering & Biotechnology News - Biotech from Bench to Business - GEN". GEN. 9 October 2015. Retrieved 23 May 2017.
  50. ^ "Roche Acquires Tensha Therapeutics for $115M Upfront - GEN Genetic Engineering & Biotechnology News - Biotech from Bench to Business - GEN". GEN. 11 January 2016. Retrieved 23 May 2017.
  51. ^ Inc., ForSight VISION4. "ForSight VISION4, Inc. Announces Acquisition by Roche". PR Newswire. {{cite web}}: |last= has generic name (help)
  52. ^ Miller, John (30 June 2017). "Roche buys diabetes app firm in digital health push". Reuters.
  53. ^ "Roche Scoops Up Bay Area's Viewics Amid Diagnostic Data Push". BioSpace.
  54. ^ "Roche to buy U.S. cancer drugmaker Ignyta for $1.7 billion". Reuters.com. Reuters. 22 December 2017.
  55. ^ Dye, Jessica (15 February 2018). "Roche pays $1.9bn for Alphabet-backed Flatiron Health". Financial Times. Archived from the original on 10 December 2022.
  56. ^ "Roche to buy Flatiron Health for $1.9 billion to expand cancer care..." Reuters.com. Reuters. 15 February 2018.
  57. ^ "Roche pays $2.4 billion for rest of cancer expert Foundation Medicine". Reuters.com. Reuters. 19 June 2018.
  58. ^ "Roche Acquires Cancer Immunotherapy Developer Tusk Therapeutics". 28 September 2018.
  59. ^ "Roche buys U.S. biotech Jecure in race for liver disease drugs". Reuters.com. Reuters. 27 November 2018.
  60. ^ "Roche 'steps up' for gene therapy with $4.3 billion Spark bet". Reuters.com. Reuters. 25 February 2019.
  61. ^ "Roche says its $4.3 billion offer for Spark is still on track for June completion". CNBC. 3 April 2019.
  62. ^ Koltrowitz, Silke; Nadeem, Dania (23 December 2019). "Roche dives deeper into gene therapy with $1.15 billion Sarepta licensing deal". Reuters. Retrieved 24 December 2019.
  63. ^ "Roche to Acquire Fibrosis-Focused Promedior for up to $1.4 Billion".
  64. ^ "Promedior Enters into Definitive Merger Agreement to be Acquired by Roche".
  65. ^ Hale C. (March 2020). "FDA grants Roche coronavirus test emergency green light within 24 hours" FierceBiotech. Retrieved 13 March 2020.
  66. ^ "Roche buys U.S. Gene sequencing tech company Stratos Genomics". Reuters. 22 May 2020.
  67. ^ "Roche acquires Stratos Genomics to further develop DNA based sequencing for diagnostic use".
  68. ^ "Roche Dives into NLRP3 Inflammasome Inhibition with Acquisition of Inflazome". BioSpace.
  69. ^ "Inflazome Announces Acquisition by Roche". BioSpace.
  70. ^ "Roche Bolsters Diagnostics Pipeline with $1.8 Billion Buy of GenMark".
  71. ^ Reuters
  72. ^ "Roche signs definitive merger agreement with GenMark Diagnostics, Inc., to access novel technology to test for broad range of pathogens with one patient sample".
  73. ^ "Roche Holding to buy TIB Molbiol to enhance molecular diagnostics". Reuters. 9 September 2021.
  74. ^ "Switzerland's Biggest Family Fortune Has Prospered for 124 Years". Bloomberg.com. 6 August 2020.
  75. ^ "Nachkomme und Verwaltungsrat Jörg Duschmalé: "Roche war immer da, seit ich ganz klein war"".
  76. ^ "Roche Holding Bilanz, Gewinn und Umsatz | Roche Holding Geschäftsbericht | 855167". wallstreet-online.de. Retrieved 5 November 2018.
  77. ^ MarketScreener. "ROCHE HOLDING AG : Financial Data Forecasts Estimates and Expectations | ROG | CH0012032048 | MarketScreener". www.marketscreener.com. Retrieved 3 June 2020.
  78. ^ GmbH, finanzen net. "Roche Financials | Markets Insider". Business Insider. Retrieved 3 June 2020.
  79. ^ Miller, John (19 December 2017). "Roche touts Swiss-led R&D unit after years in Genentech's shadow". Reuters. Retrieved 19 December 2017.
  80. ^ "Roche stops selling acne drug Accutane". Reuters. 26 June 2009. Retrieved 23 February 2016.
  81. ^ a b Mathiason, Nick (25 November 2001). "Blowing the final whistle". The Observer. Retrieved 30 September 2014.
  82. ^ Corporate Crime Reporter. Corporate Crime Reporter. Retrieved 2013-11-24.
  83. ^ "Cartel price announcements: The vitamins industry" (PDF). International Journal of Industrial Organization. 26. 2008.
  84. ^ Mattes, William B. (2008). "Public Consortium Efforts in Toxicogenomics". In Mendrick, Donna L.; Mattes, William B. (eds.). Essential Concepts in Toxicogenomics. Methods in Molecular Biology. Vol. 460. pp. 221–238. doi:10.1007/978-1-60327-048-9_11. ISBN 978-1-58829-638-2. PMID 18449490.
  85. ^ . Archived from the original on 26 September 2008. Retrieved 2008-08-25.
  86. ^ Innovative Medicines Initiative. . IMI-GB-018v2-24042008-CallTopics.pdf. European Commission. Archived from the original on 15 October 2009. Retrieved 25 August 2008.

Further reading

  • Hans Conrad Peyer (1996) Roche – A Company History 1896–1996 Basel: Editiones Roche ISBN 3-907770-59-5

External links

  • Official website
  • Roche Diagnostics

roche, other, uses, disambiguation, coordinates, 558624, 606018, 558624, 606018, hoffmann, commonly, known, swiss, multinational, healthcare, company, that, operates, worldwide, under, divisions, pharmaceuticals, diagnostics, holding, company, holding, shares,. For other uses see Roche disambiguation Coordinates 47 33 31 N 7 36 22 E 47 558624 N 7 606018 E 47 558624 7 606018 F Hoffmann La Roche AG commonly known as Roche is a Swiss multinational healthcare company that operates worldwide under two divisions Pharmaceuticals and Diagnostics Its holding company Roche Holding AG has shares listed on the SIX Swiss Exchange The company headquarters are located in Basel Roche is the fifth largest pharmaceutical company in the world by revenue 5 and the leading provider of cancer treatments globally 6 7 Roche Holding AGThe Roche Tower headquarters of Hoffmann La Roche in Basel 2015 TypeAktiengesellschaftTraded asSIX ROGISINCH0012032048IndustryPharmaceuticalsFounded1896 127 years ago 1896 FounderFritz Hoffmann La RocheHeadquartersBasel SwitzerlandKey peopleChristoph Franz Chairman Andre Hoffmann Vice Chairman Severin Schwan CEO William N Bill Anderson CEO Pharmaceuticals 1 Thomas Schinecker CEO Diagnostics 2 Levi Garraway CMO 3 ProductsPharmaceuticals and diagnostics List of products RevenueSFr 62 80 billion 2021 4 Operating incomeSFr 18 16 billion 2021 4 Net incomeSFr 14 94 billion 2021 4 Total assetsSFr 92 32 billion 2021 4 Total equitySFr 28 35 billion 2021 4 Number of employees100 920 2021 4 ParentRoche Holding AGSubsidiariesGenentech VentanaWebsitewww wbr roche wbr comParticipation certificate of the F Hoffmann LaRoche amp Co AG issued 15 January 1932 The company controls the American biotechnology company Genentech which is a wholly owned affiliate and the Japanese biotechnology company Chugai Pharmaceuticals as well as the United States based companies Ventana and Foundation Medicine Roche s revenues during fiscal year 2020 were 58 32 billion Swiss francs Descendants of the founding Hoffmann and Oeri families own slightly over half of the bearer shares with voting rights a pool of family shareholders 45 and Maja Oeri a further 5 apart with Swiss pharma firm Novartis owning a further third of its shares until 2021 Roche is one of the few companies increasing their dividend every year for 2020 as the 34th consecutive year F Hoffmann La Roche is a full member of the European Federation of Pharmaceutical Industries and Associations EFPIA 8 Contents 1 History 2 Family 2 1 Acquisition history 3 Financial data 4 Divisions 5 Products 6 Price fixing conspiracy 7 Collaborative research 8 See also 9 References 10 Further reading 11 External linksHistory EditFounded in 1896 by Fritz Hoffmann La Roche the company was early on known for producing various vitamin preparations and derivatives 9 In 1934 it became the first company to mass produce synthetic vitamin C under the brand name Redoxon During the Second World War Roche collaborated with the Nazi regime in Germany and used forced labour in its German and Polish based factories 10 In 1957 it introduced the class of tranquilizers known as benzodiazepines with Valium and Rohypnol being the best known members 11 It manufactures and sells several cancer drugs and is a leader in this field In 1956 the first antidepressant iproniazid was accidentally created during an experiment while synthesizing isoniazid Originally it had been intended to create a more efficient drug at combatting Tuberculosis Iproniazid however revealed to have its own benefits some people felt it made them feel happier It was withdrawn from the market in the early 1960s due to toxic side effects In 1976 an accident at a chemical factory in Seveso Italy owned by a subsidiary of Roche caused a large dioxin contamination In 1982 the United States arm of the company acquired Biomedical Reference Laboratories for US 163 5 million That company dated from the late 1960s and was located in Burlington North Carolina That year Hoffmann La Roche then merged it with all of its laboratories and incorporated the merged company as Roche Biomedical Laboratories Inc in Burlington By the early 1990s Roche Biomedical became one of the largest clinical laboratory networks in the United States with 20 major laboratories and US 600 million in sales 12 Roche has also produced various HIV tests and antiretroviral drugs It bought the patents for the polymerase chain reaction PCR technique in 1992 In 1995 the era of highly active anti retroviral therapy HAART was initiated by the United States FDA s approval of Hoffman LaRoche s HIV protease inhibitor saquinavir Within 2 years of its approval and that of ritonavir 4 months later annual deaths from AIDS in the United States fell from over 50 000 to approximately 18 000 13 On 28 April 1995 Hoffmann La Roche sold Roche Biomedical Laboratories Inc to National Health Laboratories Holdings Inc which then changed its name to Laboratory Corporation of America Holdings 14 Roche acquired Syntex in 1994 and Chugai Pharmaceuticals in 2002 Oseltamivir is a controversial antiviral drug used to combat avian influenza commonly known as the bird flu Roche is the only drug company authorized to manufacture the drug which was discovered by Gilead Sciences Roche purchased the rights to the drug in 1996 and in 2005 settled a royalty dispute agreeing to pay Gilead tiered royalties of 14 22 of annual net sales without adjusting the payments for manufacturing costs as had been allowed in the original licensing agreement 15 On 20 October 2005 Hoffmann La Roche decided to license other companies to manufacture Oseltamivir 16 Also in 2005 Roche acquired the Swiss company GlycArt Biotechnology in order to acquire technology to afucosylate antibodies one of its products in development was obinutuzumab which gained FDA approval in November 2013 for the treatment of chronic lymphocytic leukemia 17 18 19 On 22 January 2008 Roche acquired Ventana Medical Systems for 3 4 billion 20 On 2 January 2009 Roche acquired Memory Pharmaceuticals Corp 21 On 26 March 2009 Roche acquired Genentech for 46 8 billion 22 On 12 March 2009 Roche agreed to fully acquire Genentech in which it had held a majority stake since 1990 23 after eight months of negotiations As a result of the Genentech acquisition Roche moved its Palo Alto based research facilities to their campus that straddles the border between Clifton New Jersey and Nutley New Jersey while Roche s United States headquarters located on the New Jersey site since 1929 was moved to Genentech s facility in South San Francisco 24 Genentech became a wholly owned subsidiary group of Roche on 25 March 2009 25 Roche began vacating the NJ site in 2012 and sold it off in 2016 26 Roche acquired Medingo Ltd in April 2010 for 160 million 27 and BioImagene Inc in August for 100 million 28 In 2011 the company received the International Society for Pharmaceutical Engineering Facility of the Year Award for Process Innovation for Roche s MyDose Clinical Supply project 29 In March 2011 Roche acquired PVT Probenverteiltechnik GmbH for up to 85 million 30 In July 2010 Roche acquired mtm laboratories AG for up to 190 million EUR 31 On October Roche acquired Anadys Pharmaceuticals Inc for 230 million 32 In December Roche announced it would acquire Munich based Verum Diagnostica GmbH gaining entry to the fastest growing field in the coagulation diagnostics market 33 On 26 June 2012 Roche announced the closure of the Nutley Clifton campus which was completed in 2013 The property is in the process of remediation 34 In July 2013 Roche Diagnostics acquired blood diagnostics company Constitution Medical Inc for 220 million 35 Later in September Genentech announced it would acquire Arrayit Corporation 36 On 7 April 2014 Roche announced its intention to acquire IQuum for up to 450 million 37 as well as the rights to an experimental drug ORY 1001 from Spanish company Oryzon Genomics for 21 million and up to 500 million in milestone payments 38 On 2 June Roche announced its intention to acquire Genia Technologies Inc for up to 350 million 39 In August 2014 the company agreed to purchase Californian based pharmaceutical firm InterMune for 8 3 billion at 74 a share this represents a 38 premium over the final share closing price 40 41 as well as Santaris Pharma A S for 450 million 42 In December 2014 the company acquired next generation sequencing processing company Bina Technologies for an undisclosed sum 43 and Dutalys GmbH 44 a developer of next generation anti bodies 44 On 16 January 2015 the company announced that they would acquire Trophos for 470 million 543 million in order to increase the company s neuromuscular disease presence The deal will centre on the Phase II and III spinal muscular atrophy drug olesoxime TRO19622 45 In April 2015 Roche acquired CAPP Medical and its chief development of technology for cancer screening and monitoring via the detection of circulating tumour DNA 46 In August the company announced its intention to acquire GeneWEAVE Inc for up to 425 million in order to strengthen its microbial diagnostics business 47 Days later the company acquired Kapa Biosystems Inc for 445M focussing on next generation sequencing and polymerase chain reaction applications 48 In October 2015 the company acquired Adheron Therapeutics for 105 million plus up to 475 million in milestone payments 49 In January 2016 the company announced it would acquire Tensha Therapeutics for 115 million upfront with 420 million in contingent payments 50 In January 2017 the company acquired ForSight VISION4 51 In June the company acquired the diabetes management platform mySugr GmbH for an undisclosed price 52 In November Roche acquired Viewics Inc 53 In late December the company announced it would acquire Ignyta Inc expanding its global oncology business 54 In February 2018 Roche announced it would acquire Flatiron Health a business specialising in US cancer data analytics for 1 9 billion 55 56 In June of the same year the company announced it would acquire the outstanding shares of Foundation Medicine for 2 4 billion 137 per share 57 Later in September Roche announced its intention to acquire Tusk Therapeutics for up to 655 million 759 million expanding Roche s oncology pipeline Tusk announced that the anti CD38 antibody it is developing will be spun off to form a new company Black Belt Therapeutics 58 In late November the company announced that Genentech would acquire Jecure Therapeutics gaining access to Jecure s portfolio of NLRP3 inhibitors developed to fight inflammatory diseases like non alcoholic steatohepatitis and liver fibrosis 59 In February 2019 the business announced it would acquire gene therapy company Spark Therapeutics for US 4 3 billion 114 50 per share adding Spark s gene therapy portfolio to its previous acquired assets Spark has an already approved treatment for Leber s congenital amaurosis Luxturna priced at US 850 000 per patient 60 The offer to acquire Spark Therapeutics was extended to May 2019 after Roche was unable to garner majority support from Spark shareholders 61 A second gene therapy related action came in December with the US 1 15 billion acquisition of non United States rights to an investigational duchenne muscular dystrophy gene therapy developed by Sarepta Therapeutics 62 In November Roche acquired Promedior and its lead treatment PRM 151 for the treatment of idiopathic pulmonary fibrosis for 390 million upfront and another 1 billion in milestone payments 63 64 In March 2020 the Roche Diagnostics division reached a significant milestone with the FDA approval of its high volume Sars CoV 2 diagnostic test capable of analysing 1 400 8 800 samples within 24h on the proprietary Cobas 6800 8800 molecular testing system 65 In May the company announced it had acquired US based Stratos Genomics for an undisclosed amount 66 67 In September the business acquired Ireland based Inflazome for 380 million gaining control of its NLRP3 inflammasome inhibitors 68 69 In March 2021 Roche announced it would acquire GenMark Diagnostics for 1 8 billion 70 71 Under the terms of agreement Genmark diagnostics will become a subsidiary and the principal operations will continue to remain in Carlsbad California 72 In September the company announced it would acquire German biotech group TIB Molbiol enhancing its molecular diagnostics operations 73 Family EditThe Hoffmann La Roche family is Switzerland s richest and one of the most secretive families 74 Many members of the family don t carry the last name Hoffmann anymore Some are known as Oeri Michalksi Faber Castell Fabre Schmid or Duschmale 75 Acquisition history Edit Roche AcquisitionsHoffmann La Roche Founded 1896 by Fritz Hoffmann La Roche Biomedical Reference Laboratories Acq 1982 restructured into Roche Biomedical Laboratories Inc in 1982 sold 1995 Syntex Acq 1994 Chugai Pharmaceuticals Acq 2002 454 Life Sciences Acq 2007 Roche Diagnostics Spring BioScience Corp Acq 2007 Ventana Medical Systems Acq 2009 mySugr GmbH Acq 2017 Viewics Inc Acq 2017 Flatiron Health Acq 2018 Stratos Genomics Acq 2020 Memory Pharmaceuticals Corp Acq 2009 Genentech Acq 2009 Tanox Inc Acq 2006 Arrayit Corporation Acq 2013 Seragon Acq 2014 Jecure Therapeutics Acq 2018 Medingo Ltd Acq 2010 BioImagene Inc Acq 2010 PVT Probenverteiltechnik GmbH Acq 2010 MTM laboratories AG Acq 2010 Anadys Pharmaceuticals Inc Acq 2010 Verum Diagnostica GmbH Acq 2011 Constitution Medical Inc Acq 2012 IQuum Acq 2014 Genia Technologies Inc Acq 2014 InterMune Acq 2014 Santaris Pharma A S Acq 2014 Bina Technologies Inc Acq 2014 Dutalys GmbH Acq 2014 Ariosa Diagnostics Acq 2014 Trophos Acq 2015 CAPP Medical Acq 2015 GeneWEAVE BioSciences Inc Acq 2015 Kapa Biosystems Inc Acq 2015 Adheron Therapeutics Acq 2015 Tensha Therapeutics Acq 2016 ForSight VISION4 Acq 2017 Ignyta Inc Acq 2017 Foundation Medicine Inc Acq 2018 Tusk Therapeutics Acq 2018 Spark Therapeutics Acq 2019 Promedior Acq 2019 Stratos Genomics Acq 2020 Inflazome Acq 2020 GenMark Diagnostics Acq 2021 TIB Molbiol Acq 2021 Financial data EditFinancial data in CHF billions 76 77 78 Year 2013 2014 2015 2016 2017 2018 2019 2020 2021Revenue 46 780 47 462 48 145 50 576 53 299 56 846 63 751 58 323 62 801Net Income 11 164 9 332 8 863 9 576 8 633 10 865 14 108 15 068 14 935Assets 62 167 75 641 75 763 76 819 76 676 78 517 83 091 86 138 92 317Employees 85 080 88 509 91 747 94 052 93 734 94 442 97 735 101 238 100 920Divisions EditThis section needs additional citations for verification Please help improve this article by adding citations to reliable sources Unsourced material may be challenged and removed April 2022 Learn how and when to remove this template message Roche has two major divisions Pharmaceuticals and Diagnostics Roche Diagnostics manufactures diagnostic equipment and reagents for research and medical diagnostic applications Internally it is organised into five major business areas Roche Applied Science Roche Professional Diagnostics Roche Diabetes Care Roche Molecular Diagnostics and Roche Tissue Diagnostics Ventana The main location for Roche Professional Diagnostics is in Rotkreuz Switzerland 4 All business areas except Roche Applied Science focus on health care applications targeting either physicians hospitals and clinics or consumers Applied Science targets research settings in academia and pharmaceutical and biotechnology industries Products EditThis section needs additional citations for verification Please help improve this article by adding citations to reliable sources Unsourced material may be challenged and removed January 2020 Learn how and when to remove this template message Hoffmann La Roche develops drugs used for cancer treatment against virus diseases and for treatment of metabolic diseases The company is the world s largest spender in pharmaceutical R amp D 79 Tamiflu box Drugs produced by Roche include needs update original research citation needed Accutane RoAccutane isotretinoin for severe nodular acne vulgaris no longer sold under Accutane brand name but is still available as RoAccutane other brand names and Isotretinoin generics 80 Actemra RoActemra tocilizumab for rheumatoid arthritis Actimmune interferon gamma for chronic granulomatous disease later sold to Connetics Corporation then InterMune after that Vidara Therapeutics and finally Horizon Pharma as of 2019 Activase alteplase for heart attacks Akynzeo netupitant palonosetron for nausea and vomiting licensed by Eisai Co and Helsinn Therapeutics Alecensa alectinib for ALK positive non small cell lung cancer Aloxi palonosetron for nausea and vomiting licensed by Eisai Co and Helsinn Therapeutics Anexate flumazenil for the reversal of acute benzodiazepine effects Aurorix moclobemide for depression Avastin bevacizumab for certain malignant tumours Bactrim trimethoprim sulfamethoxazole a sulphonamide antibacterial Boniva Bonviva ibandronic acid for the treatment of osteoporosis in postmenopausal women Camleed enprostil for gastric ulcer prevention Cardene nicardipine for treatment of stable angina pectoris Cathflo Activase alteplase for heart attacks Cellcept mycophenolate mofetil for transplant rejection Cotellic cobimetinib for melanoma Cymevene ganciclovir for cytomegalovirus infection Dalmane Dalmadorm flurazepam for insomnia Dilatrend carvedilol for hypertension and congestive heart failure Dormicum midazolam for insomnia and procedural sedation and analgesia Erivedge vismodegib for basal cell carcinoma Esbriet pirfenidone for idiopathic pulmonary fibrosis Fansidar sulfadoxine pyrimethamine for malaria and toxoplasmosis Fuzeon enfuvirtide for salvage therapy of HIV 1 infection Gazyva obinutuzumab for chronic lymphocytic leukaemia Hemlibra emicizumab for haemophilia A Herceptin trastuzumab for HER 2 positive breast cancer Hivid zalcitabine for HIV 1 infection later discontinued in 2006 Inhibace cilazapril for hypertension and congestive heart failure Invirase saquinavir for HIV 1 infection Kadcyla trastuzumab emtansine for HER 2 positive breast cancer Klonopin Rivotril clonazepam for epilepsy and anxiety disorders Kytril granisetron for chemotherapy induced nausea and vomiting licensed by GlaxoSmithKline Lariam mefloquine for malaria both prevention and treatment Lexotanil bromazepam for anxiety disorders Librax Chlordiazepoxide clidinium bromide treating stomach ulcers irritable bowel syndrome or symptoms related to intestinal infection Librium chlordiazepoxide for anxiety disorders Lucentis ranibizumab for wet age related macular degeneration AMD Luxturna voretigene neparvovec for Leber s congenital amaurosis MabThera rituximab for B cell chronic lymphocytic leukaemia and other haematological malignancies non Hodgkin lymphomas and rheumatoid arthritis Madopar Prolopa levodopa benserazide for Parkinson s disease Mircera methoxy polyethylene glycol epoetin beta for anaemia associated with chronic kidney disease Naprosyn naproxen an NSAID used for pain relief and arthritis treatment Neulastim pegfilgrastim for neutropaenia Neupogen filgrastim for neutropaenia Nutropin somatropin for growth hormone deficiency Nutropin AQ somatropin for growth hormone deficiency Nutropin Depot somatropin for growth hormone deficiency later discontinued in 2004 and replaced by Nutropin AQ Ocrevus ocrelizumab for MS Pegasys peginterferon alfa 2a for hepatitis B and C Perjeta pertuzumab for HER 2 positive breast cancer Polivy polatuzumab vedotin for diffuse large B cell lymphoma Protropin somatrem for growth hormone deficiency later discontinued in 2004 in favor of its successor Nutropin Pulmozyme dornase alfa for the improvement of pulmonary function in cystic fibrosis Raptiva efalizumab for psoriasis later withdrawn in 2009 due to the risk of PML Recormon NeoRecormon epoetin beta for anaemia Rituxan rituximab for non Hodgkin s lymphoma Rocaltrol calcitriol for osteoporosis and hypocalcaemia Rocephin ceftriaxone a broad spectrum cephalosporin antibiotic Roferon A peginterferon alfa 2a for some haematological malignancies hairy cell leukaemia chronic myelogenous leukaemia certain solid tumours including Kaposi s sarcoma genital warts and chronic hepatitis C Rohypnol flunitrazepam for severe insomnia Rozlytrek entrectinib for ROS1 positive non small cell lung cancer and NTRK fusion positive solid tumours Soriatane Neotigason acitretin for psoriasis Tamiflu oseltamivir for influenza A and B both treatment and prevention Tarceva erlotinib for various cancers Tasmar tolcapone for parkinson s disease licensed by Mylan and Bausch Health Tecentriq atezolizumab for non small cell lung cancer TNKase tenecteplase for heart attacks Toradol ketorolac for pain management Valcyte valganciclovir for cytomegalovirus infection Valium diazepam for anxiety disorders alcohol withdrawal status epilepticus and other conditions Venclexta venetoclax for chronic lymphocytic leukaemia Versed midazolam for insomnia and procedural sedation and analgesia Vesanoid tretinoin for acute promyelocytic leukaemia Viracept nelfinavir for HIV 1 infection licensed by Pfizer and ViiV Healthcare Xeloda capecitabine for breast and colorectal cancer Xenical orlistat for obesity Xofluza baloxavir marboxil for influenza A and B both treatment and prevention Xolair omalizumab for asthma Zelboraf vemurafenib for late stage V600E BRAF mutation positive melanoma Zenapax daclizumab for the prevention of acute transplant rejection Diabetes management products produced by Roche under the Accu Chek brand include Accu Chek Mobile Accu Chek Aviva Accu Chek Compact Plus Accu Chek Aviva Expert Accu Chek Active Accu Chek Advantage Accu Chek Performa Accu Chek Aviva Nano Accu Chek Performa Nano blood glucose monitors Accu Chek Spirit and Accu Chek Combo insulin pumps Accu Chek 360 and SmartPix diabetes management software Other products include Cobas MiraPrice fixing conspiracy EditSee also Cartel Stanley Adams Roche s World Product Manager in Basel contacted the European Economic Community in 1973 with evidence that Roche had been breaking antitrust laws engaging in price fixing and market sharing for vitamins with its competitors Roche was fined accordingly but a bungle on the part of the EEC allowed the company to discover that it was Adams who had blown the whistle He was arrested for unauthorised disclosure an offence under Swiss law and imprisoned His wife having learnt that he might face decades in jail committed suicide 81 In 1999 the firm pleaded guilty to participation in a worldwide conspiracy to raise and fix prices for vitamins sold in the US and globally Hoffmann La Roche paid 500 million in criminal fines to the United States 81 82 83 Collaborative research EditIn addition to internal research and development activities F Hoffmann La Roche is also involved in publicly funded collaborative research projects with other industrial and academic partners One example in the area of non clinical safety assessment is the InnoMed PredTox 84 85 The company is expanding its activities in joint research projects within the framework of the Innovative Medicines Initiative of EFPIA and the European Commission 86 See also EditList of pharmaceutical companies Pharmaceutical industry in SwitzerlandReferences Edit Executive Committee Roche com F Hoffmann La Roche Archived from the original on 14 September 2016 Retrieved 26 November 2016 Roche names new head of 13 billion diagnostics unit Reuters 11 June 2019 FDA Grants Roche Breakthrough Therapy Designation on Hemophilia Drug BioPharm International UBM 19 April 2018 Retrieved 20 April 2018 a b c d e f g Financial Report 2021 PDF Roche Holding 4 February 2022 Retrieved 5 April 2022 McGlauflin Paige 15 August 2022 The world s 10 biggest pharmaceutical companies raked in over 700 billion in revenue in 2021 Fortune Archived from the original on 17 August 2022 Top 10 Oncology Pharma Companies in the World Market Research Blog Market Research Reports Inc 17 May 2019 Top 20 pharma companies by oncology sales Top Pharma List PMLiVE pmlive com 16 June 2014 The Pharmaceutical Industry in Figures 2008 Edition European Federation of Pharmaceutical Industries and Associations EFPIA p 49 Archived from the original on 16 September 2008 Retrieved 25 August 2008 a href Template Cite news html title Template Cite news cite news a External link in code class cs1 code publisher code help Switzerland s Biggest Family Fortune Has Prospered for 124 Years Bloomberg com 6 August 2020 Retrieved 16 March 2022 Chemical firms exploited Nazi links probe found HannahBlake 1 November 2012 A history of Roche pharmaphorum com Retrieved 16 March 2022 Roche Biomedical Laboratories Inc FundingUniverse com HIV Surveillance United States 1981 2008 Retrieved 8 November 2013 Laboratory Corp of America Holdings 10 Q For 3 31 95 SECInfo com Filed On 5 15 95 SEC File 1 11353 Accession Number 920148 95 11 Roche Gilead End Tamiflu Feud Red Herring 16 November 2005 Kher Unmesh 19 October 2005 Why Roche Released Tamiflu Time Archived from the original on 22 October 2005 Retrieved 22 May 2008 Roche Roche acquires Swiss based GlycArt Biotechnology to strengthen expertise in therapeutic antibody research roche com Archived from the original on 5 February 2015 Retrieved 29 April 2015 Presentation GlycArt Biotechnology AG From Inception to trade sale and what happened after by Dr Joel Jean Mairet Brussels March 31 2011 Cameron F McCormack PL January 2014 Obinutuzumab first global approval Drugs 74 1 147 54 doi 10 1007 s40265 013 0167 3 PMID 24338113 S2CID 40983655 Roche buys Ventana Archived from the original on 5 June 2014 Retrieved 2 June 2014 Pollack Andrew 12 March 2009 Roche buys Memory Pharmaceuticals The New York Times Retrieved 2 June 2014 Pollack Andrew 12 March 2009 Roche buys Genentech The New York Times Retrieved 2 June 2014 Pollack Andrew 5 February 1990 Genentech Roche Deal May Spur Similar Ties The New York Times Retrieved 11 April 2009 Bawden Tom 13 March 2009 Roche swallows Genentech in third large drugs deal The Times London Archived from the original on 12 June 2011 Retrieved 11 April 2009 Jucca Lisa Cage Sam 26 March 2009 Roche completes Genentech buy Reuters Retrieved 11 April 2009 Proctor Owen 17 June 2017 Ex Roche campus reinvented as On3 science center northjersey com Retrieved 30 August 2022 Roche buys Medingo Archived from the original on 12 January 2014 Retrieved 2 June 2014 Roche buysBioImagene Archived from the original on 5 June 2014 Retrieved 2 June 2014 2011 Facility of the Year Category winners Retrieved 28 June 2012 Roche buys PVT Archived from the original on 5 June 2014 Retrieved 2 June 2014 Roche buys mtm labs Archived from the original on 5 June 2014 Retrieved 2 June 2014 Roche buys Anadys Archived from the original on 5 June 2014 Retrieved 2 June 2014 Roche Acquires Verum Diagnostica GmbH for 11 Million BioSpace Roche announces closure of Nutley NJ site Archived from the original on 18 May 2013 Retrieved 28 June 2012 Roche buys Constitution Medical Archived from the original on 2 June 2014 Retrieved 2 June 2014 Genentech Purchases Arrayit Corporation Technology BioSpace Roche buys IQuum Archived from the original on 2 June 2014 Retrieved 2 June 2014 Copley Caroline 7 April 2014 Roche buys experimental drug rights from Oryson Reuters Retrieved 2 June 2014 Mulier Thomas 2 June 2014 Roche buys Genia Bloomberg Retrieved 2 June 2014 Michelle Cortez 24 August 2014 Roche Holding Agrees to Buy InterMune for 8 3 Billion Bloomberg L P Roche pays 37 premium on shares for InterMune in US 8 3bn deal San Francisco News Net 24 August 2014 Retrieved 24 August 2014 Roche Bags Santaris Pharma A S In Deal Worth 450 Million BioSpace Roche Acquires Big Data Platform Provider GEN 19 December 2014 a b Roche To Pay Up To 489 Million For Next Gen Antibody Firm Dutalys BioSpace Roche to Buy Trophos for Up to 543M GEN 16 January 2015 Roche Grabs CAPP Medical a Liquid Biopsy Startup Targeting Cancer BioSpace Roche to Acquire GeneWEAVE for Up to 425M GEN 13 August 2015 Roche Acquires Genomic Tools Provider Kapa Biosystems GEN 19 August 2015 Roche to Acquire Adheron Therapeutics for 105 Upfront GEN Genetic Engineering amp Biotechnology News Biotech from Bench to Business GEN GEN 9 October 2015 Retrieved 23 May 2017 Roche Acquires Tensha Therapeutics for 115M Upfront GEN Genetic Engineering amp Biotechnology News Biotech from Bench to Business GEN GEN 11 January 2016 Retrieved 23 May 2017 Inc ForSight VISION4 ForSight VISION4 Inc Announces Acquisition by Roche PR Newswire a href Template Cite web html title Template Cite web cite web a last has generic name help Miller John 30 June 2017 Roche buys diabetes app firm in digital health push Reuters Roche Scoops Up Bay Area s Viewics Amid Diagnostic Data Push BioSpace Roche to buy U S cancer drugmaker Ignyta for 1 7 billion Reuters com Reuters 22 December 2017 Dye Jessica 15 February 2018 Roche pays 1 9bn for Alphabet backed Flatiron Health Financial Times Archived from the original on 10 December 2022 Roche to buy Flatiron Health for 1 9 billion to expand cancer care Reuters com Reuters 15 February 2018 Roche pays 2 4 billion for rest of cancer expert Foundation Medicine Reuters com Reuters 19 June 2018 Roche Acquires Cancer Immunotherapy Developer Tusk Therapeutics 28 September 2018 Roche buys U S biotech Jecure in race for liver disease drugs Reuters com Reuters 27 November 2018 Roche steps up for gene therapy with 4 3 billion Spark bet Reuters com Reuters 25 February 2019 Roche says its 4 3 billion offer for Spark is still on track for June completion CNBC 3 April 2019 Koltrowitz Silke Nadeem Dania 23 December 2019 Roche dives deeper into gene therapy with 1 15 billion Sarepta licensing deal Reuters Retrieved 24 December 2019 Roche to Acquire Fibrosis Focused Promedior for up to 1 4 Billion Promedior Enters into Definitive Merger Agreement to be Acquired by Roche Hale C March 2020 FDA grants Roche coronavirus test emergency green light within 24 hours FierceBiotech Retrieved 13 March 2020 Roche buys U S Gene sequencing tech company Stratos Genomics Reuters 22 May 2020 Roche acquires Stratos Genomics to further develop DNA based sequencing for diagnostic use Roche Dives into NLRP3 Inflammasome Inhibition with Acquisition of Inflazome BioSpace Inflazome Announces Acquisition by Roche BioSpace Roche Bolsters Diagnostics Pipeline with 1 8 Billion Buy of GenMark Reuters Roche signs definitive merger agreement with GenMark Diagnostics Inc to access novel technology to test for broad range of pathogens with one patient sample Roche Holding to buy TIB Molbiol to enhance molecular diagnostics Reuters 9 September 2021 Switzerland s Biggest Family Fortune Has Prospered for 124 Years Bloomberg com 6 August 2020 Nachkomme und Verwaltungsrat Jorg Duschmale Roche war immer da seit ich ganz klein war Roche Holding Bilanz Gewinn und Umsatz Roche Holding Geschaftsbericht 855167 wallstreet online de Retrieved 5 November 2018 MarketScreener ROCHE HOLDING AG Financial Data Forecasts Estimates and Expectations ROG CH0012032048 MarketScreener www marketscreener com Retrieved 3 June 2020 GmbH finanzen net Roche Financials Markets Insider Business Insider Retrieved 3 June 2020 Miller John 19 December 2017 Roche touts Swiss led R amp D unit after years in Genentech s shadow Reuters Retrieved 19 December 2017 Roche stops selling acne drug Accutane Reuters 26 June 2009 Retrieved 23 February 2016 a b Mathiason Nick 25 November 2001 Blowing the final whistle The Observer Retrieved 30 September 2014 Corporate Crime Reporter Corporate Crime Reporter Retrieved 2013 11 24 Cartel price announcements The vitamins industry PDF International Journal of Industrial Organization 26 2008 Mattes William B 2008 Public Consortium Efforts in Toxicogenomics In Mendrick Donna L Mattes William B eds Essential Concepts in Toxicogenomics Methods in Molecular Biology Vol 460 pp 221 238 doi 10 1007 978 1 60327 048 9 11 ISBN 978 1 58829 638 2 PMID 18449490 InnoMed PredTox Member Organizations Archived from the original on 26 September 2008 Retrieved 2008 08 25 Innovative Medicines Initiative IMI Call Topics 2008 IMI GB 018v2 24042008 CallTopics pdf European Commission Archived from the original on 15 October 2009 Retrieved 25 August 2008 Further reading EditHans Conrad Peyer 1996 Roche A Company History 1896 1996 Basel Editiones Roche ISBN 3 907770 59 5External links Edit Wikimedia Commons has media related to Hoffmann La Roche Official website Roche Diagnostics Portals Companies Switzerland Retrieved from https en wikipedia org w index php title Roche amp oldid 1134038165, wikipedia, wiki, book, books, library,

article

, read, download, free, free download, mp3, video, mp4, 3gp, jpg, jpeg, gif, png, picture, music, song, movie, book, game, games.