Roche

“Roche signed an obesity drug licensing deal with VC-backed Chinese biotech Rona Therapeutics, including $100m upfront and up to $1.06b in earnouts.”

“A bunch of big pharma companies like Roche spent a couple hundred million, Siemens spent a hundred million... a bunch of companies spent a lot of money trying to make better sepsis diagnostics.”

“About 80% of proteins in the human body are too slippery for traditional pills to target. Molecular glue is changing that, and Novartis, Roche, and Lilly have already committed billions to chase it.”