"FTC OKs Consent Agreement Allowing Roche to Acquire Genentech"

Important note: Information in this article was accurate in 1990. The state of the art may have changed since the publication date.

"FTC OKs Consent Agreement Allowing Roche to Acquire Genentech"

Associated Press (12/19/90)
Nelson, W. Dale

Abstract: Washington--The Federal Trade Commission (FTC) said it would allow Roche Holding Ltd. to acquire a controlling interest in Genentech Inc. if it issued U.S. licenses for its AIDS treatment patents. The acquisition of Genentech, a leading biotechnology firm, by Roche, a Swiss pharmaceutical, would lessen competition in the U.S. market for CD4-based AIDS treatments.

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