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US: FTC staff recommends approval of Roche deal for Spark

 |  October 27, 2019

The Federal Trade Commission staff reviewing Roche’s plan to buy US-based gene therapy specialist Spark Therapeutics for $4.3 billion recommended that the deal be approved without requiring any asset sales, the Capitol Forum reported on Thursday.

Basel-based Roche, the biggest maker of cancer drugs, said in February that it would buy the US company, acquiring a portfolio that includes a blindness treatment that has US and European approval and other projects for neurodegenerative disorders like Huntington’s disease. One of its projects is a gene therapy treatment for hemophilia.

Full Content: Reuters

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