Headlines
Roche to acquire liver drug developer 89bio for up to $3.5 billion
Roche to acquire liver drug developer 89bio for up to $3.5 billion
Published by Global Banking and Finance Review
Posted on September 18, 2025
Published by Global Banking and Finance Review
Posted on September 18, 2025
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)
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