TITLE

Roche eyes growth for Ventana Medical Systems

AUTHOR(S)
Egger, Ed
PUB. DATE
April 2008
SOURCE
Inside Tucson Business;4/21/2008, Vol. 17 Issue 46, p3
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the plans for growth of Swiss-based diagnostics and pharmaceutical giant Roche Pharmaceuticals after winning the battle to take over Ventana Medical Systems in Tucson, Arizona. According to Claudia Schmitt, a Roche Group spokesperson, they are committed to investing and growing Ventana and the entire diagnostics segment. Roche completed its purchase of about 34.5 million shares of Ventana common stock.
ACCESSION #
31788026

 

Related Articles

  • This Week's Good News.  // Inside Tucson Business;11/3/2008, Vol. 18 Issue 22, p5 

    The article announces the continuing growth of Roche Holding based in Basel, Switzerland. During a conference held at the Stone Canyon Club in Oro Valley, Arizona, last October 28, 2008, chief executive officer (CEO) Severin Schwan shares the increasing success of its newly-acquired subsidiary...

  • Not quite all, but Roche gets 70% of Ventana Med.  // Inside Tucson Business;2/11/2008, Vol. 17 Issue 36, p1 

    The article reports on the acquisition of Ventana Medical Systems Inc. by Roche Holding AG. The Swiss-based pharmaceutical company announced that it has completed the deal acquiring 70.5 percent of the outstanding shares for $3.1 billion as of February 7, 2008. To get the remaining shares of...

  • Frustrated Roche goes public with hostile takeover of Ventana Medical Systems. Hatfield, David // Inside Tucson Business;7/2/2007, Vol. 17 Issue 3, p4 

    The article reports on the decision of Roche Group company to go public with a $3 billion hostile takeover of Ventana Medical Systems Inc. in Basel, Switzerland. On June 25, 2007, a $75 per share was offered to the public which represents 55 percent premium over Ventana's three-month average...

  • Thursday is Roche's deadline for Ventana Medical offer.  // Inside Tucson Business;8/20/2007, Vol. 17 Issue 10, p3 

    The article reports on the deadline set by Roche Pharmaceuticals for Ventana Medical Systems Inc. in Oro Valley, Arizona, to accept its offer of paying $75 per share for a takeover. Accordingly, the decision should be made on August 23, 2007 amidst public statements made by Ventana's executives...

  • Pharmaceutical Company Round-up.  // PharmaWatch: Monthly Review;Aug2007, Vol. 6 Issue 8, p3 

    The article reports on developments related to the pharmaceutical industry in the U.S. Roche Pharmaceuticals is planning to follow up its first bid to acquire U.S. diagnostic test maker Ventana Medical Systems Inc. AstraZeneca PLC announced an agreement with Silence Therapeutics PLC. Eli Lilly &...

  • Street Envisions Enriched Ventana Tender. Cohen, Judy Radler // Mergers & Acquisitions Report;9/24/2007, Vol. 20 Issue 36, p1 

    The article reports on speculations that F. Hoffmann-La Roche Ltd., a Basel, Switzerland-based pharmaceutical company, will increase its takeover bid for Ventana Medical Systems Inc. of Tucson, Arizona. The shares of Ventana traded at $84.12 as of September 24, 2007. Roche could benefit from the...

  • For 5th time Roche extends bid for Ventana Medical.  // Inside Tucson Business;1/21/2008, Vol. 17 Issue 32, p3 

    The article reports on the extension made by Roche Holdings for its offer to take over on Ventana Medical Systems Inc., a developer of tissue-based cancer diagnostics in Oro Valley, Arizona. Roche started the takeover effort on June 27, 2007 and will extend its plans for the fifth time on March...

  • Roche looks to maximize Genentech potential.  // PharmaWatch: Monthly Review;Sep2008, Vol. 7 Issue 9, p52 

    The article focuses on the full acquisition of all the outstanding shares of Genentech Inc. by Roche Pharmaceuticals in the U.S. in 2008. It mentions that the first company will be fully consolidating the second company by approximately $43.7 billion. However, it remains to be seen whether the...

  • Roche Announced to Expand Its Facilities in China.  // China Chemical Reporter;11/26/2008, Vol. 19 Issue 33, p20 

    The article reports on the Roche Shanghai Expansion Project and the establishment of Roche Pharma Partnering Asia Office at Shanghai Zhangjiang Hi-Tech Park in China. According to the planning design, the project involves the development of office buildings and production facilities which meet...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics