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Roche Holding AG

Drug Names(s): RhVEGF, Topical VEGF

Description: Telbermin is a topical Recombinant Human Vascular Endothelial Growth Factor (VEGF). VEGF is a naturally occurring protein that ischemic tissues - tissues lacking oxygen - secrete. Research has shown that when VEGF is introduced to endothelial cells, it stimulates the development of new blood vessels.

Deal Structure: Telbermin was originally developed by Genentech.

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.

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