Volume 92 Issue 35 | p. 10 | News of The Week
Issue Date: September 1, 2014 | Web Date: August 28, 2014

Roche To Buy Intermune

Acquisition: Swiss drugmaker expands in respiratory disease field with $8.3 billion purchase of one-drug firm
Department: Business
Keywords: pharmaceuticals, acquisitions, pulmonary disease

Roche has agreed to pay $8.3 billion in cash to acquire InterMune. The Brisbane, Calif.-based firm has one product: pirfenidone, a treatment for idiopathic pulmonary fibrosis (IPF), a progressive and fatal lung disease. It has sold the drug under the name Esbriet in Canada since 2011 and received European authorization in 2012. The drug is awaiting U.S. approval.

The purchase fits Roche’s recent strategy of making bolt-on acquisitions to access promising . . .

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