Roche has signed a definitive merger agreement to acquire Anadys Pharmaceuticals, a manufacturer of antiviral drug compunds, for a total cash consideration of approximately $230m.
As per the merger agreement, Roche will acquire all the outstanding shares of Anadys’ common stock at a price of $3.70 per share in cash.
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Anadys president and CEO Steve Worland said Roche’s capabilities and experience in HCV would provide the best chance of success for the new potential treatments to reach hepatitis C patients.
Roche Pharma Research and Early Development global head Jean-Jacques said the aim of this transaction is to offer physicians and hepatitis patients a powerful combination of therapies that bring them closer to a cure, even without the use of interferon.
"Anadys’ compounds provide additional modes of action that could lead to interferon-free treatment regimens without viral resistance," Jacques added.
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