FRANKFURT (Reuters) -Roche said on Thursday it agreed to acquire U.S. biotech firm 89bio <ETNB.O for up to $3.5 billion to strengthen its development pipeline on liver and cardiometabolic disease
Roche to Acquire 89bio for Up to $3.5 Billion in Liver Drug Deal
FRANKFURT (Reuters) -Roche said on Thursday it agreed to acquire U.S. biotech firm 89bio <ETNB.O for up to $3.5 billion to strengthen its development pipeline on liver and cardiometabolic disease treatments.
In a statement, the Swiss drugmaker said the deal was worth about $2.4 billion, or up to $3.5 billion when including a non-tradeable contingent value right.
(Reporting by Ludwig Burger; Editing by Kim Coghill)





