The Online Investor

Slideshow Mergers & Acquisitions

By The Online Investor Staff, updated Thu., Feb. 27, 3:43 PM

Slide #63. Roche Promedior, Inc.

Acquirer: Roche (RHHBY)
Acquiree: Promedior, Inc.
Details: Promedior, Inc. today announced the successful completion of its previously announced sale to Roche (SIX: RO, ROG; OTCQX: RHHBY). With this acquisition, Roche obtained full rights to Promedior's entire portfolio of molecules for serious fibrotic diseases, notably PRM-151. Under the terms of the merger agreement, Roche made an upfront cash payment of USD 390 million, with additional contingent payments of up to USD 1 billion to be made based on the achievement of certain predetermined development, regulatory and commercial milestones.

  Roche: RHHBY
  Promedior, Inc. : PRIVATE

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