Apr 28, 4:40 PM EDT
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Media & Culture
Roche Extends Takeover Bid for Illumina to March
on 02/27/12 AT 4:39 AM
Roche, the Swiss drugmaker, has announced that it has extended its tender offer to acquire all outstanding shares of Illumina, Inc., for $44.50 in cash per common share until March 23.
Roche to slash 4,800 jobs amid healthcare cost pressures
on 11/17/10 AT 11:14 AM
Swiss pharma giant Roche said it plans to cut 4,800 jobs worldwide over the next two years due to mounting cost pressures in healthcare -particularly in the US and Europe - and increasing hurdles for the approval and pricing of new medicines.