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Roche receives FDA clearance for new, highly-sensitive test to aid clinicians in diagnosing B-cell lymphoma
Prnewswire· 2025-01-13 06:00
Core Message - Roche has received FDA 510(k) clearance for its VENTANA Kappa and Lambda Dual ISH mRNA Probe Cocktail, a highly sensitive test designed to differentiate B-cell malignancies from normal immune responses, facilitating faster treatment access [4][6][8] Product Details - The VENTANA Kappa and Lambda Dual ISH mRNA Probe Cocktail is the first clinically approved ISH test capable of assessing the full spectrum of B-cell lymphoma subtypes [6] - The test can evaluate over 60 B-cell lymphoma subtypes and plasma cell neoplasms on a single tissue slide, reducing the need for multiple samples and follow-up tests [8] - It is designed to detect kappa and lambda immunoglobulin light chains in formalin-fixed paraffin-embedded human hematolymphoid specimens [10] - The assay aids in diagnosing mature B-cell lymphomas and plasma cell neoplasms, particularly when biopsy results are inconclusive [11] Market and Industry Context - B-cell lymphoma accounts for approximately 85% of non-Hodgkin lymphoma (NHL) cases, which is one of the most common cancers in the US, representing about 4% of all cancer cases and causing over 80,000 deaths annually [6][7] - The test is a significant addition to Roche's hematopathology portfolio, which includes more than 65 biomarkers [9] Company Background - Roche, founded in 1896, is the world's largest biotechnology company and a global leader in in-vitro diagnostics [12] - The company is committed to sustainability, aiming for net zero by 2045 through initiatives like the Science Based Targets and Sustainable Markets Initiative [13]
Roche's momentum in digital pathology continues with FDA clearance on its high-volume slide scanner
Prnewswire· 2025-01-09 06:00
Roche Digital Pathology Dx System - Roche Digital Pathology Dx system has received an additional 510(k) clearance from the FDA, now including the VENTANA DP 600 slide scanner alongside the previously cleared VENTANA DP 200 slide scanner, digital pathology workflow software, and a display [1] - The VENTANA DP 600 slide scanner has 40 times the capacity of the VENTANA DP 200 and uses the same scanning technology, providing consistent, high-quality images for pathologists [2] - The system aids pathologists in reviewing and interpreting digital images of scanned pathology slides prepared from formalin-fixed paraffin-embedded (FFPE) tissue for clinical diagnosis [3] - The VENTANA DP 600 produces excellent image quality of stained histology slides from patient tissue samples, enhancing diagnostic accuracy, consistency, and speed through high-resolution images and advanced analysis tools [8] Roche's Leadership in Digital Pathology - Roche is the leading provider of pathology lab solutions, offering an end-to-end digital pathology solution from tissue staining to producing high-quality digital images for reliable AI-based image analysis [4] - The company is moving traditionally research-oriented tools into routine clinical practice, driven by the acceleration of immunotherapy and the development of more complex assays [4] - Roche is committed to investing in and shaping the future of pathology, focusing on improving healthcare efficiency and patient care through digital transformation [2][4] Roche's Corporate Background - Founded in 1896 in Basel, Switzerland, Roche is the world's largest biotechnology company and a global leader in in-vitro diagnostics [5] - The company combines strengths in Diagnostics and Pharma with data insights from clinical practice to deliver personalised healthcare [5] - Roche is committed to sustainability, aiming to achieve net zero by 2045 through initiatives like the Science Based Targets and the Sustainable Markets Initiative [6] - Genentech in the United States is a wholly owned member of the Roche Group, and Roche is the majority shareholder in Chugai Pharmaceutical, Japan [6]
Roche set to finalise $1.5bn Poseida Therapeutics takeover
Proactiveinvestors NA· 2025-01-08 11:32
Company Overview - Proactive is a financial news and online broadcast company that provides fast, accessible, and actionable business and finance news to a global investment audience [1] - The company has a global presence with bureaus and studios in key finance and investment hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [2] Industry Coverage - The company delivers news and unique insights across various sectors including biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] - Proactive has reported on energy companies during global crises, aviation and airlines as the sector recovers from the pandemic, and economic, social, and governance issues [1] Technology and Content Production - Proactive is a forward-looking company that adopts technology to enhance workflows and content creation [4] - The company occasionally uses automation and software tools, including generative AI, but all content is ultimately edited and authored by humans to ensure quality and adherence to best practices in content production and SEO [5] - The content creators at Proactive possess decades of valuable expertise and experience, which is complemented by the use of technology [4]
Roche purchases shares in tender offer for Poseida Therapeutics, Inc.
GlobeNewswire News Room· 2025-01-08 06:10
Tender Offer and Merger Details - Roche's subsidiary, Blue Giant Acquisition Corp, accepted approximately 64,991,586 shares of Poseida's common stock, representing 66.11% of the total outstanding shares, in the tender offer [1] - The tender offer price was $9.00 per share in cash, plus a non-tradeable contingent value right (CVR) for potential additional payments of up to $4.00 per share [8] - Roche plans to complete the acquisition of Poseida through a merger, converting all remaining shares into the same consideration as the tender offer, after which Poseida will become a wholly owned subsidiary of Roche and delist from Nasdaq [9] Company Overviews - Poseida Therapeutics is a clinical-stage biopharmaceutical company focused on allogeneic cell therapies and genetic medicines, with a pipeline targeting hematologic cancers, autoimmune diseases, and solid tumours [2] - Roche, founded in 1896, is the world's largest biotechnology company and a global leader in in-vitro diagnostics, with a focus on personalised healthcare and innovative medicines [3] Additional Information - Roche has a long-standing commitment to sustainability, aiming for net zero by 2045 through initiatives like the Science Based Targets and Sustainable Markets Initiative [10] - Genentech in the US is a wholly owned member of the Roche Group, and Roche holds a majority stake in Chugai Pharmaceutical, Japan [10]
Roche Vabysmo Sales Surpassed USD 4 Billion In 2024
GlobeNewswire News Room· 2025-01-07 16:19
Delhi, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Global Bispecific Antibody Market, Drugs Sales, Patent, Price and Clinical Trials Insight 2029 Report Highlights: Bispecific Antibodies Development Proprietary Platforms Insight: > 30 PlatformsGlobal Bispecific Antibodies Market Size Yearly and Quarterly Sales (2018 till 2024)Global Bispecific Antibodies Market Size 2024: > USD 8.5 BillionGlobal Bispecific Antibodies Market Forecast Till 2029Approved Bispecific Antibodies Yearly and Quarterly Sales (2018 till 2024)Ap ...
Roche Executing Commercially, But R&D Productivity Remains A Work In Progress
Seeking Alpha· 2025-01-04 09:56
Company Performance - Roche (OTCQX: RHHBY) has been a middling performer since the last update, with concerns about the pipeline weighing on its performance despite healthy current financials [1] Analyst Disclosure - The analyst has a beneficial long position in Roche shares through stock ownership, options, or other derivatives [1] - The article expresses the analyst's own opinions and is not influenced by compensation or business relationships with the mentioned company [1] Seeking Alpha Disclosure - Seeking Alpha's disclosure emphasizes that past performance does not guarantee future results and does not provide investment recommendations or advice [2] - The views expressed in the article may not reflect those of Seeking Alpha as a whole, and the platform is not a licensed securities dealer, broker, or investment adviser [2]
高盛:给予罗氏控股公司卖出评级
Zheng Quan Shi Bao Wang· 2024-12-20 00:31
Group 1 - Goldman Sachs has downgraded Roche Holding AG to a sell rating, maintaining a target price of 265 Swiss Francs [1] - The downgrade is related to Roche's Parkinson's disease candidate drug failing to meet key objectives in mid-stage studies, although results suggest potential clinical benefits in early Parkinson's disease treatment [1] - Other investment banks, including JPMorgan and Deutsche Bank, have also issued sell ratings on Roche Holding AG [2] Group 2 - Roche Holding AG is a research-based healthcare company with operations in pharmaceuticals and diagnostics [2] - Despite recent progress in certain areas, such as the approval of Vabysmo pre-filled syringes in Europe and positive long-term data in lymphoma treatment, setbacks in Parkinson's disease drug development and negative ratings from multiple investment banks have put pressure on its stock price [2]
Roche's Phase IIb study of prasinezumab missed primary endpoint, but suggests possible benefit in early-stage Parkinson's disease
GlobeNewswire News Room· 2024-12-19 06:00
PADOVA study showed numerical delay in motor progression and positive trends on multiple secondary and exploratory endpointsPrasinezumab continues to be well tolerated and no new safety signals were observed Roche is further evaluating the data and will work together with health authorities to determine next steps Basel, 19 December 2024 - Roche (SIX: RO, ROG; OTCQX: RHHBY) announced today results from the Phase IIb PADOVA study investigating prasinezumab in 586 people with early-stage Parkinson’s disease, ...
Roche Gets Approval for Vabysmo PFS in EU for Three Retinal Diseases
ZACKS· 2024-12-16 19:40
Roche (RHHBY) announced that the European Medicines Agency has approved a prefilled syringe (PFS) of the ophthalmology drug Vabysmo (faricimab).The regulatory body approved Vabysmo PFS for use in the treatment of neovascular or ‘wet’ age-related macular degeneration (nAMD), diabetic macular edema (DME) and macular edema following retinal vein occlusion (RVO).In the past three months, shares of Roche have lost 9.1% compared with the industry’s 14.3% decline.Image Source: Zacks Investment ResearchMore on RHHB ...
Roche receives CE Mark for new and updated molecular cobas 6800/8800 systems, enhancing laboratory efficiency and testing capabilities
GlobeNewswire News Room· 2024-12-13 06:00
The new cobas 6800/8800 systems 2.0 enhances throughput, run flexibility, enables sample prioritisation and is available as an upgrade to existing systems in healthcare settings around the world.Laboratories can now perform a wider range of tests on a single solution, simplifying laboratory logistics and helping to optimise the use of resources. Basel, 13 December 2024 - Roche (SIX: RO, ROG; OTCQX: RHHBY) announced today the CE certification of the new cobas® 6800/8800 systems 2.0. The update significantly ...