SoftBank Builds a $5 Billion Stake in Pharma Giant Roche

Bloomberg2021-08-04

Japanese firm’s stake makes it one of Roche’s top investors SoftBank believes Roche’s Genentech division is undervalued SoftBank Group Corp. has quietly built a $5 billion stake in Roche Holding AG, ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

PaladinSir
2021-08-04
PaladinSir
Like me
Klyy
2021-08-04
Klyy
Wow
EHG
2021-08-04
EHG
Like
CharlieHtay
2021-08-04
CharlieHtay
Ok
blkgoat00
2021-08-04
blkgoat00
[財迷] [財迷] [財迷]
- GabrielS:
  hehe
kaido
2021-08-04
kaido
Nice like pls

Leave a comment

152

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2156209941?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-08-04 08:03","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2156209941","market":"us","top_or_hot":-1,"title":"SoftBank Builds a $5 Billion Stake in Pharma Giant Roche","media":"Bloomberg","content":"<div>\n<p>Japanese firm’s stake makes it one of Roche’s top investors\nSoftBank believes Roche’s Genentech division is undervalued\n\nSoftBank Group Corp. has quietly built a $5 billion stake in Roche Holding AG, ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-08-03/softbank-is-said-to-build-5-billion-stake-in-pharma-giant-roche?srnd=premium-asia\">Source Link</a>\n\n</div>\n","source":"lsy1584095487587","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SoftBank Builds a $5 Billion Stake in Pharma Giant Roche</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSoftBank Builds a $5 Billion Stake in Pharma Giant Roche\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-04 08:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-08-03/softbank-is-said-to-build-5-billion-stake-in-pharma-giant-roche?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Japanese firm’s stake makes it one of Roche’s top investors\nSoftBank believes Roche’s Genentech division is undervalued\n\nSoftBank Group Corp. has quietly built a $5 billion stake in Roche Holding AG, ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-08-03/softbank-is-said-to-build-5-billion-stake-in-pharma-giant-roche?srnd=premium-asia\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MSFT","symbol_name":"微软","start_time":0,"source_url":"https://www.bloomberg.com/news/articles/2021-08-03/softbank-is-said-to-build-5-billion-stake-in-pharma-giant-roche?srnd=premium-asia","article_id":"2156209941","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2156209941","pubTimestamp":1628035381,"sourceInfo":{"source_id":"lsy1584095487587","name":"Bloomberg"},"weMediaInfo":null,"summary":"Japanese firm’s stake makes it one of Roche’s top investors\nSoftBank believes Roche’s Genentech divi","collect":0,"end_time":0,"defaultTopTitle":"bloomberg.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"MSFT":"微软","AMZN":"亚马逊","BIIB":"渤健公司","RHHBF":"Roche Holding Ltd","PACB":"Pacific Biosciences of Californi","RHHBY":"罗氏控股","SFTBY":"软银集团"},"translate_title":"软银以50亿美元入股制药巨头罗氏","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PACB":0.9,"RHHBF":0.9,"RHHBY":0.9,"SFTBY":0.9,"AMZN":0.6,"BIIB":0.6,"FB":0.6,"MSFT":0.6},"content_text":"Japanese firm’s stake makes it one of Roche’s top investors\nSoftBank believes Roche’s Genentech division is undervalued\n\nSoftBank Group Corp. has quietly built a $5 billion stake in Roche Holding AG, placing a bet on the pharmaceutical company’s strategy of using data to develop drugs, according to people familiar with the matter.\nThe Japanese conglomerate is now one of Roche’s largest investors, according to data compiled by Bloomberg.\nRoche’s sales have recently been boosted by its Covid-19 testing business. The company’s diagnostics unit reacted swiftly to the coronavirus pandemic, but the pharmaceuticals division, where aging cancer medicines face increasing competition, has had a more difficult time.\nShares of the Basel, Switzerland-based company have risen 8.8% in the last 12 months, compared with a 14.7% gain in the MSCI World Pharma Biotech & Life Sciences index over the same period.\nThe drugmaker has a dual-class share structure with separate voting and non-voting shares. The founding families own 50.1% of the voting class, while cross-town rival Novartis AG holds one-third. It’s unclear which types of shares SoftBank holds.\nSoftBank believes Roche’s Genentech division, which focuses on data-based drug discovery and development, is highly undervalued, one of the people said, all of whom asked not to be identified because the information is private. Roche last year hired Aviv Regev, a computational and systems biologist who was a core member of the Harvard University-affiliated Broad Institute, to lead the Genetech research unit.\nRoche is also developing a new pill for Covid-19 and an Alzheimer’s disease treatment. In June, the U.S. approved Biogen Inc.’s Alzheimer’s drug Aduhelm, which was seen as a positive sign for the Roche medicine.\nSoftBank has been increasingly focused on biotech and health care. It invested in Pacific Biosciences of California Inc., AbCellera Biologics and Sana Biotechnology. In February, Bloomberg News reported that SoftBank was planning to spend billions investing in public biotech companies, via its asset management arm SB Northstar.","kind":"news","is_publish_news":false,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":807235794,"gmtCreate":1628038307118,"gmtModify":1703499983360,"author":{"id":"3569713264180526","authorId":"3569713264180526","name":"PaladinSir","avatar":"https://static.tigerbbs.com/cab8fd813c652abf36d2c5f621d1fcaa","vip":1,"crmLevel":7,"crmLevelSwitch":1,"idStr":"3569713264180526","authorIdStr":"3569713264180526"},"htmlText":"Like me","listText":"Like me","text":"Like me","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/807235794","repostId":2156209941,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":807230800,"gmtCreate":1628037994300,"gmtModify":1703499972231,"author":{"id":"3582550643152901","authorId":"3582550643152901","name":"Klyy","avatar":"https://static.tigerbbs.com/33ea9606913f634a1d83024cbc093cc7","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3582550643152901","authorIdStr":"3582550643152901"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/807230800","repostId":2156209941,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":807201662,"gmtCreate":1628037233056,"gmtModify":1703499948448,"author":{"id":"3586941861951066","authorId":"3586941861951066","name":"EHG","avatar":"https://static.tigerbbs.com/28e4734e50f795c3218330cbb6c3e9a0","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3586941861951066","authorIdStr":"3586941861951066"},"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/807201662","repostId":2156209941,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":807677779,"gmtCreate":1628037116191,"gmtModify":1703499943475,"author":{"id":"4091059338128690","authorId":"4091059338128690","name":"CharlieHtay","avatar":"https://static.tigerbbs.com/0ae33e398b0a3ea162ebb41390c87740","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4091059338128690","authorIdStr":"4091059338128690"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/807677779","repostId":2156209941,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":807679092,"gmtCreate":1628036751716,"gmtModify":1703499930795,"author":{"id":"3569971904409031","authorId":"3569971904409031","name":"blkgoat00","avatar":"https://static.tigerbbs.com/32d084b2d498a8347513b1fe1a02f27f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3569971904409031","authorIdStr":"3569971904409031"},"htmlText":"[財迷]&nbsp;[財迷]&nbsp;[財迷]&nbsp;","listText":"[財迷]&nbsp;[財迷]&nbsp;[財迷]&nbsp;","text":"[財迷] [財迷] [財迷]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/807679092","repostId":2156209941,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5419129,"gmtCreate":1628036765629,"gmtModify":1663231892339,"authorId":3576079681958199,"author":{"id":3576079681958199,"idStr":"3576079681958199","authorId":3576079681958199,"name":"GabrielS","avatar":"https://static.tigerbbs.com/db2b1d5dba73d167a691afddd6986348","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.11.08","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":807679092,"type":1,"supId":0,"prevId":0,"content":"hehe","text":"hehe","html":"hehe"}],"langContent":"CN"},{"id":807646666,"gmtCreate":1628036554655,"gmtModify":1703499925008,"author":{"id":"3574926290820486","authorId":"3574926290820486","name":"kaido","avatar":"https://static.tigerbbs.com/b3866436a9d4f9acaf05b97581f52f9d","vip":1,"hat":"https://static.tigerbbs.com/7b75ce0c34afff716602792a5d0929dd","crmLevel":1,"crmLevelSwitch":0,"idStr":"3574926290820486","authorIdStr":"3574926290820486"},"htmlText":"Nice like pls","listText":"Nice like pls","text":"Nice like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/807646666","repostId":2156209941,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":152,"commentSize":9,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2156209941"}