Pharma BD Deal Intelligence

Roche Holding AG / Constitution Medical Investors Inc.

2013 · Acquisition/Merger · $220M · Complete

CALLED IT — OFF BY 7
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The coverage arc

Jul 02, 2013 BioSpace Neutral

Roche buys Constitution Medical Investors for $220 million, acquiring the Bloodhound system that combines a digital morphologic analyser, cell counter and…

Jul 03, 2013 pharmaphorum Bullish

Roche framed the acquisition as a $2B+ hematology market entry, citing space-saving Bloodhound automation and integrated lab-solutions positioning; commentary…

Jul 15, 2013 360Dx Neutral

Industry trade analysis noted the Bloodhound platform could accelerate Roche's hematology market entry by leapfrogging legacy impedance/flow-cytometry…

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Roche Diagnostics acquired Constitution Medical for $220M cash plus development-related contingent payments; CMI Bloodhound platform served as Roche's hematology diagnostics center of excellence.

Did it work? Outcome assessment

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Achieved Stated Rationale
Financial impact
Neutral
Pipeline outcome
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Key facts

Related deals — scored

DealYearValueOutcome
Roche Holding AG / Constitution Medical Investors Inc. (this deal)2013$220M56
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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