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Roche Holding AG
Drug Names(s): PRO97796
Description: BR3-Fc is a molecule designed to bind to BAFF, a secreted survival factor that is involved in the cascade leading to the survival of B-cells. Interrupting this cascade results in the death of B-cells and therefore may have potential as a therapeutic in B-cell mediated diseases.
Deal Structure: BR3-Fc was jointly developed by Genentech and Biogen Idec.
In March 2009, Roche and Genentech announced that they signed a merger agreement under which Roche will acquire the outstanding publicly held interest in Genentech for US95.00 per share in cash, or a total payment of approximately US$46.8 billion to equity holders of Genentech other than Roche. The acquisition was completed on March 26, 2009.
Partners: Biogen, Inc.
Pink Sheet Weekly Trademark Review Sept. 1, 2015
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