Pharma BD Deal Intelligence

Roche Holding AG / Piramed Pharma

2008 · Acquisition/Merger · $175M · Complete

WRONG BY 71 POINTS

Roche paid $175M for Piramed's PI3K platform; both derived oncology drugs (pictilisib, taselisib) failed in the clinic, and it took Roche/Genentech until 2024 — a third drug generation and 16 years later — to finally get a PI3K-alpha inhibitor (inavolisib) approved.

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Top 25 most overhyped deals we track

Ranks computed across 828 graded deals (Critic + Outcome Score both present).

The coverage arc

Apr 09, 2008 FierceBiotech Bullish

FierceBiotech describes Roche's $175M Piramed grab as part of a 2008 dealmaking spree consolidating PI3K inhibitor rights.

Apr 21, 2008 Chemical & Engineering News Bullish

C&EN positions the deal as a strategic doubling-down on PI3K, complementing Genentech's existing oncology partnership with Piramed.

Source summaries from our enrichment pipeline; follow links for originals.

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$160M upfront + $15M milestone; PI3K-alpha oncology, PI3K-delta inflammation

Did it work? Outcome assessment

Roche paid $175M for Piramed's PI3K platform; both derived oncology drugs (pictilisib, taselisib) failed in the clinic, and it took Roche/Genentech until 2024 — a third drug generation and 16 years later — to finally get a PI3K-alpha inhibitor (inavolisib) approved.

Strategic verdict
Failed to Achieve

Key facts

Related deals — scored

DealYearValueOutcome
Roche Holding AG / Piramed Pharma (this deal)2008$175M29
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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