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BioWorld - Wednesday, May 20, 2026
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Home » Fighting Drug-Resistant Bacteria: Roche weaves $425M deal for 'suberbug' diagnostics firm
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Fighting Drug-Resistant Bacteria: Roche weaves $425M deal for 'suberbug' diagnostics firm

Aug. 14, 2015
By Amanda Pedersen
Roche (Basel, Switzerland) wove a deal worth up to $425 million for Geneweave Biosciences (Los Gatos, Calif.), a private U.S. diagnostics firm with a technology aimed at fighting drug-resistant bacteria, which is considered one of health care's biggest threats. Roche (SIX: RO, ROG; OTCQX: RHHBY) said it will pay Geneweave shareholders $190 million up front, and up to $235 million in contingent product-related milestones.
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