BioCentury on BioBusiness,
Why Santaris opted for an acquisition by Roche over JOBS Act IPO
Leading with the LNA
Monday, August 11, 2014
choice between an acquisition and taking a chance on an IPO, investors in Santaris
Pharma A/S took the path of certainty offered by
(SIX:ROG; OTCQX:RHHBY). They will net a greater than 2x return based on the
upfront payment alone.
the companies said Roche will acquire Santaris for
$250 million in cash up front and up to $200 million in undisclosed milestones.
The deal is slated to close this month.
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