BioCentury
ARTICLE | Company News

Roche to acquire mtm

July 20, 2011 12:21 AM UTC

Roche (SIX:ROG; OTCQX:RHHBY) will acquire cervical cancer diagnostic company mtm laboratories AG (Heidelberg, Germany) for about EUR 130 million ($182.6 million) in cash and up to an additional EUR 60 million ($84 million) in milestones. mtm will become part of Roche's tissue diagnostic unit, Ventana Medical Systems Inc. The deal is expected to close in the coming weeks. ...