Showing posts with label Roche Holding AG. Show all posts
Showing posts with label Roche Holding AG. Show all posts

Monday, July 9, 2007

Brinker, CytRx, Cummins, Isis, KBR, SanDisk, Tyco: U.S. Equity Movers

(Bloomberg) -- The following is a list of companies
whose shares are having unusual price changes in U.S. exchanges
today. Stock symbols are in parentheses after company names.
Share prices are as of 2:40 p.m. New York time.

Alnylam Pharmaceuticals Inc. (ALNY US) rose $8.20, or 54
percent, to $23.40. Roche Holding AG (ROG VX), the world's
biggest maker of cancer medicines, may pay as much as $1 billion
for rights to Alnylam technology that may allow the companies to
find new tumor, liver and breathing treatments.


Read more at Bloomberg Stocks News

Roche backs RNAi research with $1 bln Alnylam deal

(Reuters) - LONDON/ZURICH, July 9 - Roche Holding AG has signed a deal worth up to $1 billion with Alnylam Pharmaceuticals Inc. , giving it access to the U.S. firm's skills in the new science of RNA interference.



The agreement is the largest drug discovery partnership in the field to date and a further vindication of the emerging area of biotechnology research, which involves blocking disease-causing proteins.


Read more at Reuters.com Mergers News