{"id":131628,"date":"2024-11-26T16:29:03","date_gmt":"2024-11-26T16:29:03","guid":{"rendered":"https:\/\/www.africa-press.net\/kenya\/all-news\/medicine-giant-roche-to-buy-cell-therapy-firm-poseida-therapeutics"},"modified":"2024-11-26T17:26:34","modified_gmt":"2024-11-26T17:26:34","slug":"medicine-giant-roche-to-buy-cell-therapy-firm-poseida-therapeutics","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/kenya\/all-news\/medicine-giant-roche-to-buy-cell-therapy-firm-poseida-therapeutics","title":{"rendered":"Medicine giant Roche to buy cell therapy firm Poseida Therapeutics"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Kenya. <\/strong><\/span>Swiss medicine giant Roche announced on Tuesday that it will acquire cell therapy maker firm Poseida Therapeutics for a total transaction value of $1.5 billion.<\/p>\n<p>The acquisition will facilitate a range of potentially &#8220;first and best-in-class therapies&#8221; across oncology, immunology, and neurology, uniquely positioning Roche in the new field of donor-derived off-the-shelf cell therapies,&#8221; Roche stated in a press release.<\/p>\n<p>The transaction is expected to complete in the first quarter of the next year.<\/p>\n<p>The acquisition will be done for $9 per share, and shareholders will also receive a non-tradeable contingent value right for around $4 per share, representing a total deal value of some $1.5 billion.<\/p>\n<p>Poseida is a public clinical-stage biopharmaceutical firm in donor-derived CAR-T cell therapies, based in California, US.<\/p>\n<p>Poseida\u2019s research and development portfolio includes pre-clinical and clinical-stage off-the-shelf, chimeric antigen receptor T (CAR-T) therapies across several therapeutic areas, including hematological malignancies, solid tumors, and autoimmune disease, as well as manufacturing capabilities and technology platforms.<\/p>\n<p><strong>For More News And Analysis About <span style=\"color: #ff6600\">Kenya<\/span> Follow <span style=\"color: #ff6600\">Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Kenya. Swiss medicine giant Roche announced on Tuesday that it will acquire cell therapy maker firm Poseida Therapeutics for a total transaction value of $1.5 billion. The acquisition will facilitate a range of potentially &#8220;first and best-in-class therapies&#8221; across oncology, immunology, and neurology, uniquely positioning Roche in the new field of donor-derived off-the-shelf [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":131627,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,9],"tags":[13633,544,13632,4786],"class_list":["post-131628","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-miscellaneous","tag-cell-therapy","tag-kenya","tag-poseida-therapeutics","tag-roche"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Medicine giant Roche to buy cell therapy firm Poseida Therapeutics - kenya<\/title>\n<meta name=\"description\" content=\"Swiss medicine giant Roche announced on Tuesday that it will acquire cell therapy maker firm Poseida Therapeutics for a ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/kenya\/all-news\/medicine-giant-roche-to-buy-cell-therapy-firm-poseida-therapeutics\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Medicine giant Roche to buy cell therapy firm Poseida Therapeutics\" \/>\n<meta property=\"og:description\" content=\"Swiss medicine giant Roche announced on Tuesday that it will acquire cell therapy maker firm Poseida Therapeutics for a ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/kenya\/all-news\/medicine-giant-roche-to-buy-cell-therapy-firm-poseida-therapeutics\" \/>\n<meta property=\"og:site_name\" content=\"kenya\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2024-11-26T16:29:03+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-11-26T17:26:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2024\/11\/sm_1732628774.098856.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"864\" \/>\n\t<meta property=\"og:image:height\" content=\"486\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/medicine-giant-roche-to-buy-cell-therapy-firm-poseida-therapeutics#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/medicine-giant-roche-to-buy-cell-therapy-firm-poseida-therapeutics\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Medicine giant Roche to buy cell therapy firm Poseida Therapeutics\",\"datePublished\":\"2024-11-26T16:29:03+00:00\",\"dateModified\":\"2024-11-26T17:26:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/medicine-giant-roche-to-buy-cell-therapy-firm-poseida-therapeutics\"},\"wordCount\":178,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/medicine-giant-roche-to-buy-cell-therapy-firm-poseida-therapeutics#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2024\/11\/sm_1732628774.098856.jpg\",\"keywords\":[\"cell therapy\",\"Kenya\",\"Poseida Therapeutics\",\"Roche\"],\"articleSection\":[\"all news\",\"miscellaneous\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/kenya\/all-news\/medicine-giant-roche-to-buy-cell-therapy-firm-poseida-therapeutics#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/medicine-giant-roche-to-buy-cell-therapy-firm-poseida-therapeutics\",\"url\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/medicine-giant-roche-to-buy-cell-therapy-firm-poseida-therapeutics\",\"name\":\"Medicine giant Roche to buy cell therapy firm Poseida Therapeutics - 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