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Sidley-Led Roche To Buy US Pharma Biz For $3.5B

Roche logo, in blue letters inside blue hexagon, on white office building

By Dawood Fakhir

Swiss pharmaceutical behemoth Roche Holding AG said Thursday that it has agreed to acquire U.S.-based clinical-stage biopharmaceutical company 89bio Inc. for up to approximately $3.5 billion to boost its portfolio in treatments for cardiovascular, renal and metabolic diseases.


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