Pharmaceutical giant Roche reaches deal with Ventana
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Swiss pharmaceutical giant Roche has reached a merger agreement with US health diagnostics specialist Ventana Medical Systems for 3.4 billion dollars (2.36 billion euros), six months after launching its takeover bid, Roche announced Tuesday.
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ZURICH/GENEVA  - Swiss drugmaker Roche Holding AG dug in for a takeover battle for Ventana Medical Systems Inc. on Tuesday as the U.S. company's shares traded above Roche's $3 billion hostile offer price.
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The developing biopharmaceutical company announces a share offering.
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Swiss pharmaceutical giant Roche Holding AG said Friday that the European Union's executive body had approved its cancer drug Avastin.
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Swiss drugmaker Roche Holding AG  said on Tuesday it still hoped its $3 billion hostile bid for Ventana Medical Systems Inc.  could turn friendly but declined to say whether it would sweeten the deal.
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Swiss drugmaker Roche Holding Ag said  on Monday that U.S. health regulators approved its Tamiflu  influenza treatment at two lower doses for children in a form  with a longer shelf life that could be an advantage for use in  stockpiling against a flu pandemic.
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The pharmaceutical giant signs another collaborative research agreement with the small-cap company.
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Roche (ROG.VX: Quote, Profile, Research) has filed for EU marketing approval for its Tarceva drug to treat advanced non-small cell lung cancer, the Swiss healthcare group said on Thursday, boosting its shares.
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The pharmaceutical sells European rights to a promising asthma drug.
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Consolidation in Europe's drugs  sector gathered steam on Thursday as Germany's Merck unveiled a  $13.3-billion deal to buy Europe's top biotech firm Serono, and  Denmark's Nycomed won the drugs unit of Altana.
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The biopharmaceutical company removes some uncertainty by teaming up with Novartis.
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Swiss drugmaker Roche Holding Ag said on Monday that U.S. health regulators approved its Tamiflu influenza treatment at two lower doses for children in a form with a longer shelf life that could be an advantage for use in stockpiling against a flu pandemic.
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Bear Stearns &amp; Companies said Tuesday that its asset management arm had agreed to acquire the TimesSquare Capital Management bond business of the Cigna Corporationin New York.
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Ventana Medical Systems said that its board had rejected an unsolicited $3 billion cash tender offer from the Swiss drug maker Roche Holding.
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Swiss pharmaceutical giant Roche has posted a record full year net profit of 9.2 billion Swiss francs (7.4 billion dollars, 5.7 billion euros) in 2006, but its shares fell in morning trading as investors opted for profit-taking.
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Smiths, the aerospace and defence group, is to snap up one of the world&#39;s leading medical device companies in a $925 million (Â£476 million) deal, it confirmed today.
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Israel's Teva Pharmaceutical  Industries Ltd. has agreed to buy Pfizer Inc.'s Italian generic  drug marketing company and is hungry for more acquisitions, the  drugmaker said on Tuesday.