Pharma BD Deal Intelligence

Roche Holding AG / Santaris Pharma A/S

2014 · Acquisition/Merger · $450M · Complete

WRONG BY 49 POINTS
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The coverage arc

Aug 04, 2014 BioSpace (Roche release) Bullish

The acquisition combines Santaris Pharma's next-generation antisense technology and LNA expertise with Roche's deep experience in disease biology, chemistry,…

Aug 05, 2014 Evaluate Vantage Neutral

Evaluate noted Roche moved on Santaris under pressure of a potential IPO, paying $250M upfront for an LNA platform that had already produced Phase 2 candidates…

Jan 01, 2023 Wikipedia (sourced summary) Bearish

The Roche Innovation Center Copenhagen, the post-acquisition Santaris site, closed in 2023 with employees transitioning to Novo Nordisk - implying the LNA…

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

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Roche acquired Copenhagen-based Santaris Pharma for $250M cash up front plus up to $200M in milestones, gaining the LNA antisense oligonucleotide platform. Strengthened Roche's RNA-targeted drug-discovery capabilities alongside its Genentech antibody franchise.

Did it work? Outcome assessment

Strategic verdict
Partially Achieved
Financial impact
Neutral
Pipeline outcome
Mixed

Key facts

Related deals — scored

DealYearValueOutcome
Roche Holding AG / Santaris Pharma A/S (this deal)2014$450M26
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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