Roche to Acquire Spark Therapeutics for $4.3B

  Roche to Acquire Spark Therapeutics for $4.3B

 Roche to Acquire Spark Therapeutics for $4.3B


Shots:

  • Roche acquires Spark Therapeutics, in all stock transaction for $114.50 /share in cash, making the total deal value $4.3B. Spark to receive premium of 122% based on its last day closing share price value i.e 22 February 2019
  • The focus of the acquisition is to expand Roche’s footprints in genetic disorders including blindness, hemophilia, lysosomal storage disorders and neurodegenerative diseases
  • Spark therapeutics’ portfolio includes SPK-8011 & SPK-8016 for hemophilia A, SPK-9001 for haemophilia B, SPK-3006 for Pompe disease, SPK-1001 for CLN2 disease and Luxturna (voretigene neparvovec-rzyl) approved for confirmed biallelic RPE65 mutation-associated retinal dystrophy. The transaction is expected to close in the Q2’19  

Click here to read full press release/ article | Ref: Roche | Image: News Pharmaceutical

Vartika Singh

Vartika Singh is a content writer who loves to write research articles and reports at PharmaShots. She has in-depth knowledge of the life sciences industry including the Pharma and Biotech sectors. Any articles written by her can be contacted at connect@pharmashots.com.

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