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Roche announces launch of Roche Genentech Innovation Center Boston based at Harvard's Enterprise Research Campus in Allston
RHHBYRoche(RHHBY) GlobeNewswire News Room·2025-03-07 06:00

Core Insights - Roche has launched the Roche Genentech Innovation Center Boston at Harvard's Enterprise Research Campus, enhancing its collaboration with Harvard in disease biology, engineering, and AI/machine learning [1][3][4] Company Developments - The new center will focus on Cardiovascular, Renal, and Metabolism (CVRM) research, establishing a significant R&D presence and potentially employing up to 500 people [2][8] - Roche's investment in the center signifies its commitment to advancing healthcare through academic collaboration and innovation in drug discovery [3][4][9] Industry Impact - The center aims to leverage local talent and strengthen Roche's presence in the Greater Boston innovation ecosystem, which is recognized as a global hub for life sciences [3][7] - The collaboration between Roche and Harvard is expected to lead to breakthroughs in healthcare, particularly in combating antibiotic-resistant bacteria and enhancing cancer treatment through AI [3][5] Strategic Importance - Roche's investment of USD 11 billion in the US over the last decade underscores its significant footprint in the pharmaceutical and diagnostics sectors, with over 25,000 employees in the country [9] - The Enterprise Research Campus is designed to foster innovation and collaboration, integrating various facilities to support research and development [10]