GREY:ICOTF - Post by User
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48thHighlanderon Jul 12, 2018 11:47am
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Post# 28306448
Which Do You Prefer...?..M or A ..?
Which Do You Prefer...?..M or A ..?If it walks, talks and acts like a money maker....it will be vacuumed up !
https://www.bloomberg.com/view/articles/2018-06-19/roche-s-foundation-medicine-purchase-is-smart-use-of-buying-power
For instance, Roche paid $1.7 billion earlier this year to buy Ignyta Inc., which is developing a drug that isn’t targeted to a tumor in a particular part of the body, but to a specific (and rare) genetic mutation that can occur in multiple types of cancer. This is a novel concept in cancer treatment, and finding those patients is going to be difficult.