Roche Holdings, Ltd. Acquires Boehringer Mannheim In Merger

CEO SUMMARY: Roche will pay $11 billion to buy Corange Ltd., parent company of Boehringer Mannheim, the world’s number two diagnostics company. Wall Street expects this deal to quicken the pace of consolidation in the healthcare industry. The surprise move will impact clinical laboratories. WALL STREET and the clinical laboratory industry were both caught off …

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Roche Holdings, Ltd. Acquires Boehringer Mannheim In Merger

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