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Roche to buy gene therapy specialist Spark in US $ 4.3 billion deal



Roche on Monday said it will buy Spark Therapeutics in a transaction valued at US $ 4.3 billion as the Swiss drug maker builds its hemophilia portfolio and seeks to keep pace in gene therapy with rivals like Novartis.

 FILE PHOTO - Logo of Swiss drugmaker Roche is seen at its headquarters in Basel

FILE PHOTO – The logo of Swiss drugmaker Roche is seen at its headquarters in Basel, Switzerland February 1, 2018. REUTERS / Arnd Wiegmann

ZURICH: Roche on Monday said it will buy Spark Therapeutics in a transaction valued at US $ 4.3 billion as the Swiss drugmaker builds its hemophilia portfolio and seeks to keep pace in gene therapy with rivals like Novartis. 19659008] Roche will acquire US-based Spark for US $ 114.50 per share, with premium of about 122 percent to Spark's closing price on Feb.

(Reporting by John Miller; editing by Thomas Seythal)


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