Roche to gain gut disease drug in $7.1B deal for Roivant subsidiary
BioPharma
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Roche’s Telavant acquisition comes as the Roivant Sciences subsidiary prepares its main asset for Phase 3 testing in ulcerative colitis. The antibody drug candidate blocks a novel target for inflammation and fibrosis that’s also the focus of clinical-stage programs of other big pharma companies.
1504 ET -- Roche Holding and Pfizer are among the most mentioned companies in the U.S. across all news items in the last 12 hours, according to Factiva data. Roche agreed to buy Telavant Holdings...
Roivant agreed to sell its Telavant joint venture with Pfizer to Roche for $7.1 billion.
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