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Business, 27.02.2020 21:38 rutza

In 1990, Roche, a Swiss pharmaceutical company, initially invested $2.1 billion to purchase a controlling interest in the biotech startup Genentech. In 2009, after witnessing the success of Genentech's drug discovery and development projects, Roche spent $47 billion to purchase the remaining minority interest in Genentech, making it a wholly owned subsidiary. In terms of strategic alliances, this scenario best indicates

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In 1990, Roche, a Swiss pharmaceutical company, initially invested $2.1 billion to purchase a contro...
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