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Roche to acquire liver drug developer 89bio for up to $3.5 billion

Published by Global Banking & Finance Review

Posted on September 18, 2025

1 min read

· Last updated: January 21, 2026

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Roche to acquire liver drug developer 89bio for up to $3.5 billion
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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)

Key Takeaways

  • Roche to acquire 89bio for up to $3.5 billion.
  • The deal strengthens Roche's liver and cardiometabolic pipeline.
  • Initial deal valued at $2.4 billion, with potential for more.
  • Includes a non-tradeable contingent value right.
  • Roche aims to enhance its biotech capabilities.

Frequently Asked Questions

What is the value of Roche's acquisition of 89bio?
Roche's acquisition of U.S. biotech firm 89bio is valued at about $2.4 billion, with the potential to reach up to $3.5 billion including a non-tradeable contingent value right.
What diseases does Roche aim to target with this acquisition?
Roche aims to strengthen its development pipeline for liver and cardiometabolic diseases through this acquisition.
Who reported on Roche's acquisition of 89bio?
The article was reported by Ludwig Burger and edited by Kim Coghill.

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