Comments on: Roche Financing For Genentech Deal Looks Tough http://www.pharmalot.com/2008/12/roche-financing-for-genentech-deal-looks-tough/ News, Comment and Conversation Fri, 10 Feb 2012 20:41:18 +0000 http://wordpress.org/?v=2.6.2 By: DrAlex http://www.pharmalot.com/2008/12/roche-financing-for-genentech-deal-looks-tough/#comment-383400 DrAlex Mon, 01 Dec 2008 17:51:39 +0000 http://www.pharmalot.com/?p=18097#comment-383400 I believe the deal will be done, but not before the middle of next year. That will allow some stabilization in the financial markets, and Genentech will not approve a buyout until the C08 Adjuvant data is known. The final analysis is due in May. That alone would add from $2 - $5 billion onto the books. This number has never been included in what is forecast to the street, although the street knows all about it. If positive, the data could push an immediate $15 jump in the stock price. I believe the deal will be done, but not before the middle of next year. That will allow some stabilization in the financial markets, and Genentech will not approve a buyout until the C08 Adjuvant data is known. The final analysis is due in May. That alone would add from $2 - $5 billion onto the books. This number has never been included in what is forecast to the street, although the street knows all about it. If positive, the data could push an immediate $15 jump in the stock price.

]]> By: pharmavet http://www.pharmalot.com/2008/12/roche-financing-for-genentech-deal-looks-tough/#comment-383399 pharmavet Mon, 01 Dec 2008 16:47:10 +0000 http://www.pharmalot.com/?p=18097#comment-383399 I'd like to know what type of cost-of-living adjustment Roche will provide over and above the relo costs. When I was transferred from a midwest company to an east coast company 15 years ago, we were given a one-time 20% salary increase to make our salaries comparable to east coast salaries. Without the adjustment, many fewer people would have made the move I’d like to know what type of cost-of-living adjustment Roche will provide over and above the relo costs. When I was transferred from a midwest company to an east coast company 15 years ago, we were given a one-time 20% salary increase to make our salaries comparable to east coast salaries. Without the adjustment, many fewer people would have made the move

]]> By: PaulGGG http://www.pharmalot.com/2008/12/roche-financing-for-genentech-deal-looks-tough/#comment-383398 PaulGGG Mon, 01 Dec 2008 15:02:50 +0000 http://www.pharmalot.com/?p=18097#comment-383398 Thanks Ed. I wonder what's the mood at Roche. People there were told they'd move (as your link indicates) but how long can they sit and wait. Thanks for trolling for an update. Thanks Ed.
I wonder what’s the mood at Roche. People there were told they’d move (as your link indicates) but how long can they sit and wait.
Thanks for trolling for an update.

]]> By: Ed Silverman http://www.pharmalot.com/2008/12/roche-financing-for-genentech-deal-looks-tough/#comment-383389 Ed Silverman Mon, 01 Dec 2008 13:46:58 +0000 http://www.pharmalot.com/?p=18097#comment-383389 Hi Paul, Back in August, Roche issued some statements about its plans for NJ and there were predictions about the effects on Genentech, which you can read here... http://www.pharmalot.com/2008/08/roche-spins-nj-departure-as-recruiters-eye-genentech/ I will be trolling for an update, meanwhile. Regards ed Hi Paul,

Back in August, Roche issued some statements about its plans for NJ and there were predictions about the effects on Genentech, which you can read here…

http://www.pharmalot.com/2008/08/roche-spins-nj-departure-as-recruiters-eye-genentech/

I will be trolling for an update, meanwhile.

Regards
ed

]]> By: PaulGGG http://www.pharmalot.com/2008/12/roche-financing-for-genentech-deal-looks-tough/#comment-383383 PaulGGG Mon, 01 Dec 2008 12:43:32 +0000 http://www.pharmalot.com/?p=18097#comment-383383 I think this deal will happen. Can't imagine a company like Roche not being able to raise this to but such a quality asset with such great prospects as Genentech. My bet is that there will be a deal by the end of January. Of course, the questions are: 1) what will happen to all the Roche people in NJ? 2) How long will it take for Roche to kill Genentech's fabled culture? I think this deal will happen. Can’t imagine a company like Roche not being able to raise this to but such a quality asset with such great prospects as Genentech. My bet is that there will be a deal by the end of January.

Of course, the questions are:
1) what will happen to all the Roche people in NJ?
2) How long will it take for Roche to kill Genentech’s fabled culture?

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