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Roche acquired Adheron Therapeutics with $580

2015/11/25 9:47:31 Views£º979

Recently, Roche acquired Adheron Therapeutics with $580 million for enhancing the immune research.


The shareholders of Adheron Therapeutics get $150 million cash, the other $475 million will be paid after they achieve a specific goal.


By this acquisition, Roche will get Adheron’s research plan: SDP051. It’s especially for a protein called Cadherin-11, which have passed the first stage of a research project.


Cadherin-11 plays an important role in this research project, Adheron wanted to use this new formula to get success in autoimmune diseases such as the treatment of rheumatoid arthritis.
 

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