Zurich, Nov 26, 2024 (AFP) - Roche in $1.5 bn deal to buy Poseida Therapeutics

NAMPA / AFP

2024-11-26

Swiss pharmaceutical giant Roche said on Tuesday it has agreed to buy US biopharm firm Poseida Therapeutics for $1.5 billion (1.4 billion euros). Roche, the world's number-one oncology group, will offer Poseida shareholders $9.0 per share and add a further $4.0 per share by way of a non-tradeable certificate to acquire the San Diego, California-based company The deal, designed to put Roche at the forefront of donor-derived off-the-shelf cell the......

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