Briefing

SoftBank Builds $5 Billion Stake in Drug Giant Roche

By
Juro Osawa
· · Source: Bloomberg

SoftBank has quietly built a $5 billion stake in Roche, becoming one of the Swiss pharmaceutical giant’s largest shareholders, Bloomberg reported. SoftBank is betting on Roche in part because of the company’s biotechnology subsidiary Genentech, which uses data to discover and develop new drugs, according to Bloomberg. Healthcare technology is one of the areas that SoftBank has been focusing...

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