Pharma BD Deal Intelligence

Roche Holding AG / Anadys Pharmaceuticals, Inc.

2010 · Acquisition/Merger · $230M · Complete

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The coverage arc

Oct 17, 2011 BioSpace Bullish

Roche's Jean-Jacques Garaud said the deal augments Roche's HCV portfolio with additional modes of action that could lead to interferon-free combinations,…

Jul 01, 2015 Wikipedia / cited primary sources Bearish

Roche terminated setrobuvir development in July 2015 after Phase 2b, as Gilead's sofosbuvir-based regimens reset the HCV standard of care and made non-nuke…

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Roche to acquire Anadys at $3.70/share cash, ~$230M (256% premium). Strengthened Roche HCV portfolio with setrobuvir Phase 2 candidate.

Did it work? Outcome assessment

Strategic verdict
Failed to Achieve
Financial impact
Impaired/Written Down
Pipeline outcome
Assets Terminated

Key facts

Related deals — scored

DealYearValueOutcome
Roche Holding AG / Anadys Pharmaceuticals, Inc. (this deal)2010$230M16
Roche Holding AG / Chugai Pharmaceutical Co. Ltd.2002$1.4B100
Roche Holding AG / Ventana Medical Systems Inc.2008$3.4B88
Roche Holding AG / Corange Ltd. (Boehringer Mannheim Group)1997$11.0B88
Roche Holding AG / Ventana Medical Systems Inc.2007$3.4B88
Roche Holding AG / Foundation Medicine, Inc.2015$1.1B87
Roche Holding AG / Foundation Medicine, Inc.2018$5.3B85

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