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Roche Confident Spark Therapeutics Acquisition Will Complete In First Half

 
• By John Davis

US financial regulators have not been quick at reviewing Roche’s multi-billion dollar acquisition of gene therapy biotech Spark Therapeutics, but it is still on track for completion in the first half of 2019.  

Basel
Basle, the headquarters of Swiss big pharma, Roche. • Source: Shutterstock

Roche still expects to complete the acquisition of US biotech company Spark Therapeutics Inc. in the first half of 2019, despite the review of the transaction by US financial regulators taking longer than expected, and only 29.4% of Spark’s shares being tendered for Roche’s offer of $114.5 per share at the end of business on April 2, 2019.

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