Hoffmann-La Roche AG, commonly known as Roche, is a Swiss multinational healthcare company that operates worldwide under two divisions: Pharmaceuticals and Diagnostics.
| FactSnippet No. 1,469,353 |
24 Facts About Roche
2.
Roche is the fifth largest pharmaceutical company in the world by revenue, and the leading provider of cancer treatments globally.
| FactSnippet No. 1,469,354 |
3.
Roche is one of the few companies increasing their dividend every year, for 2020 as the 34th consecutive year.
| FactSnippet No. 1,469,355 |
4.
Hoffmann-La Roche is a full member of the European Federation of Pharmaceutical Industries and Associations .
| FactSnippet No. 1,469,356 |
5.
That year Hoffmann-La Roche then merged it with all of its laboratories, and incorporated the merged company as Roche Biomedical Laboratories, Inc in Burlington.
| FactSnippet No. 1,469,357 |
6.
Roche acquired Syntex in 1994 and Chugai Pharmaceuticals in 2002.
| FactSnippet No. 1,469,358 |
7.
Roche is the only drug company authorized to manufacture the drug, which was discovered by Gilead Sciences.
| FactSnippet No. 1,469,359 |
8.
On 20 October 2005 Hoffmann-La Roche decided to license other companies to manufacture Oseltamivir.
| FactSnippet No. 1,469,360 |
9.
Also in 2005 Roche acquired the Swiss company GlycArt Biotechnology in order to acquire technology to afucosylate antibodies; one of its products in development was obinutuzumab, which gained FDA approval in November 2013 for the treatment of chronic lymphocytic leukemia.
| FactSnippet No. 1,469,361 |
10.
On 12 March 2009 Roche agreed to fully acquire Genentech, in which it had held a majority stake since 1990, after eight months of negotiations.
| FactSnippet No. 1,469,362 |
11.
Roche began vacating the NJ site in 2012, and sold it off in 2016.
| FactSnippet No. 1,469,363 |
12.
In March 2011, Roche acquired PVT Probenverteiltechnik GmbH for up to €85 million.
| FactSnippet No. 1,469,364 |
13.
In July 2010, Roche acquired mtm laboratories AG for up to 190 million EUR.
| FactSnippet No. 1,469,365 |
14.
In July 2013, Roche Diagnostics acquired blood diagnostics company Constitution Medical Inc for $220 million.
| FactSnippet No. 1,469,366 |
15.
On 7 April 2014, Roche announced its intention to acquire IQuum for up to $450 million, as well as the rights to an experimental drug from Spanish company Oryzon Genomics for $21 million and up to $500 million in milestone payments.
| FactSnippet No. 1,469,367 |
16.
In February 2018, Roche announced it would acquire Flatiron Health, a business specialising in US cancer data analytics, for $1.
| FactSnippet No. 1,469,368 |
17.
In March 2021, Roche announced it would acquire GenMark Diagnostics for $1.
| FactSnippet No. 1,469,369 |
18.
Hoffmann-La Roche family is Switzerland's richest and one of the most secretive families.
| FactSnippet No. 1,469,370 |
19.
All business areas except Roche Applied Science focus on health care applications, targeting either physicians, hospitals and clinics, or consumers.
| FactSnippet No. 1,469,371 |
20.
Hoffmann-La Roche develops drugs used for cancer treatment, against virus diseases and for treatment of metabolic diseases.
| FactSnippet No. 1,469,372 |
21.
Roche was fined accordingly, but a bungle on the part of the EEC allowed the company to discover that it was Adams who had blown the whistle.
| FactSnippet No. 1,469,373 |
22.
Roche's wife, having learnt that he might face decades in jail, committed suicide.
| FactSnippet No. 1,469,374 |
23.
Hoffmann-La Roche paid $500 million in criminal fines to the United States.
| FactSnippet No. 1,469,375 |
24.
Roche is expanding its activities in joint research projects within the framework of the Innovative Medicines Initiative of EFPIA and the European Commission.
| FactSnippet No. 1,469,376 |