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Deal Watch: Roche Links With SemaThera, Acquires GenMark Diagnostics

 
• By Joseph Haas

Tempest goes public via a reverse merger with Millendo. Takeda inks its ninth deal of 2021, a discovery pact with BridGene around its chemoproteomics technology.

Deal Watch 2021

Scrip regularly covers business development and deal-making in the biopharmaceutical industry. Deal Watch is supported by deal intelligence from Biomedtracker.

Roche Holding AG entered a definitive merger agreement on 15 March with GenMark Diagnostics, Inc. for the Swiss pharma to acquire GenMark at a price of $24.05 per share in an all-cash transaction valued at $1.8bn on a fully diluted basis. The price per share equals a 27% premium to GenMark’s 10-day market average preceding the announcement

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