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2024-04-14 22:23:47

Roche

Swiss multinational healthcare company
Swiss multinational healthcare company
Roche is a leading pharmaceutical company with global operations. It owns Genentech and Chugai Pharmaceuticals, among others. Roche's revenue in 2020 was 58.32 billion Swiss francs.
1896-10-01
Roche is established
F. Hoffmann-La Roche & Co. is founded on 1 October 1896 in Basel, Switzerland after witnessing the devastating effects of the cholera outbreak in Hamburg.
1898
Sirolin Syrup Launched
Launched under the trademark Sirolin in 1898, the syrup remains on the market for over 60 years.
1904
Launch of Digalen Preparation
Roche launches the preparation under the trademark Digalen in 1904.
1908
Establishment of Roche's UK Affiliate
Roche's affiliate in the UK was established in 1908, marking a significant step in the global expansion process initiated by Fritz Hoffmann-La Roche.
1909
Launch of Pantopon Analgesic
Discussions with Sahli and extensive studies result in the analgesic Pantopon, which is launched in 1909.
1914
Roche expands globally
In 1914, Roche establishes offices in Milan, New York, St Petersburg, and London, marking its global expansion.
1915
Roche during the First World War
During the First World War in 1915, Roche faced international and financial crisis due to boycotts and loss of assets in the Russian pharmaceutical market.
1917
Financial Crisis
The German boycott, Basel’s isolation, loss of Russian market, and financial losses lead to a crisis in 1917.
1919
Roche goes public
The company becomes publicly traded in 1919, allowing for broader ownership and investment opportunities.
1920
Leadership transition at Roche
In 1920, Fritz Hoffmann-La Roche passes away, leading to Emil C Barell taking over as the president of Roche.
1928
Establishment of U.S. headquarters in Nutley
Nutley, New Jersey, becomes the location for Roche's U.S. headquarters in 1928, as the company's interests are transferred to a Canadian holding company.
1932
Roche in Latvia
After the collapse of the Russian Empire, Roche representative Josef Aronstamm flees Russia for Latvia and envisions his new home as a bridge to the important Soviet market.
1934
Roche Mass Produces Synthetic Vitamin C
In 1934, Roche became the first company to mass-produce synthetic vitamin C, under the brand name Redoxon.
1938
Roche's global presence
By 1938, Roche has expanded to 35 branches across all five continents, employing approximately 1800 individuals.
1952
Introduction of Rimifon for tuberculosis
In 1952, Roche introduces Rimifon, the first effective treatment for tuberculosis, revolutionizing healthcare.
1957
Introduction of Benzodiazepines by Hoffmann-La Roche
In 1957, Hoffmann-La Roche introduced the class of tranquilizers known as benzodiazepines, with Valium and Rohypnol being the best known members.
1959
Birth of Roche Pharmaceuticals Division COO
In 1959, the Chief Operating Officer of Roche Pharmaceuticals Division was born in France.
1960
Introduction of Librium
In 1960, the company introduced Librium, a benzodiazepine tranquilizer that helps in relieving tension without causing apathy.
1963
Introduction of Valium
In 1963, the company introduced Valium.
1969
First electron microscope at Roche
The first electron microscope appears at Roche in 1969, allowing researchers to observe incredibly tiny objects with greater accuracy.
1973
Launch of Madopar
In 1973, Roche launched Madopar, which was the first significant success in the treatment of Parkinson’s disease.
1976-07-10
Seveso Chemical Factory Accident
On July 10th, 1976, a major accident occurred at a chemical factory in Seveso, Italy, owned by a Roche subsidiary, causing dioxin contamination in the surrounding communities.
1986
Release of Roferon-A
In 1986, the company released Roferon-A, a treatment specifically designed for rare forms of cancer.
1992
Roche Acquires Patents for PCR Technique
Roche bought the patents for the polymerase chain reaction (PCR) technique in 1992.
1995-04-28
Roche Sells Roche Biomedical Laboratories, Inc.
On 28 April 1995, Hoffmann-La Roche sold Roche Biomedical Laboratories, Inc. to National Health Laboratories Holdings Inc.
1996-09-30
Collaboration between Roche and Gilead Sciences
On September 30th, 1996, Roche entered into a collaboration agreement with Gilead Sciences for the antiviral drug oseltamivir, used to combat avian influenza, leading to significant developments in the pharmaceutical industry.
1999
Roche Participation in Vitamin Price-fixing Conspiracy
In 1999, Roche pleaded guilty to participating in a worldwide conspiracy to raise and fix prices for vitamins sold in the US and globally. The company paid a significant amount in criminal fines.
2004
Napoleone Ferrara's research
Cell biologist Napoleone Ferrara pursues a passion project at Roche, leading to the development of a treatment based on his research in 2004.
2005-10-20
Roche decided to license other companies to manufacture Oseltamivir
On October 20, 2005, Hoffmann-La Roche made the decision to allow other companies to manufacture Oseltamivir, the antiviral drug used to combat influenza.
2007
Focus on Personalised Healthcare
In 2007, Roche shifted its focus towards Personalised Healthcare.
2008-01-22
Roche acquired Ventana Medical Systems
On January 22, 2008, Roche acquired Ventana Medical Systems for $3.4 billion.
2009-03-12
Roche fully acquires Genentech
After eight months of negotiations, Roche agreed to fully acquire biotech pioneer Genentech, in which it had held a majority stake since 1990. The acquisition was finalized on March 25th, leading to Roche moving its research facilities to Nutley and the US Headquarters to Genentech's facility in San Francisco.
2009-03-26
Roche acquired Genentech
On March 26, 2009, Roche acquired Genentech for $46.8 billion, after holding a majority stake since 1990. This acquisition led to the relocation of research facilities and headquarters.
2010-04
Roche acquired Medingo Ltd.
In April 2010, Roche acquired Medingo Ltd. for $160 million.
2011
Roche received ISPE Facility of the Year Award
In 2011, Roche received the International Society for Pharmaceutical Engineering Facility of the Year Award for Process Innovation for its 'MyDose' Clinical Supply project.
2012-06-26
Roche announced closure of Nutley/Clifton campus
On June 26, 2012, Roche announced the closure of the Nutley/Clifton campus, which was completed in 2013.
2013-07
Roche Diagnostics acquired Constitution Medical Inc.
In July 2013, Roche Diagnostics acquired Constitution Medical Inc., a blood diagnostics company, for $220 million.
2014-04-07
Roche announced intention to acquire IQuum
On April 7, 2014, Roche announced its intention to acquire IQuum for up to $450 million, along with rights to an experimental drug from Oryzon Genomics.
2015-01-16
Roche announced acquisition of Trophos
On January 16, 2015, Roche announced the acquisition of Trophos for €470 million, focusing on the neuromuscular disease drug olesoxime.
2016-01
Roche announced acquisition of Tensha Therapeutics
In January 2016, Roche announced the acquisition of Tensha Therapeutics for $115 million upfront, with additional contingent payments.
2017-01
Roche acquired ForSight VISION4
In January 2017, Roche acquired ForSight VISION4, a company specializing in vision-related technologies.
2017-11
Roche's Expansion to the West During the Second World War
Roche, a Swiss pharmaceutical company, expanded its operations to the United Kingdom during the Second World War.
2018-02
Roche announced acquisition of Flatiron Health
In February 2018, Roche announced the acquisition of Flatiron Health, a US cancer data analytics company, for $1.9 billion.
2019-02
Roche announced acquisition of Spark Therapeutics
In February 2019, Roche announced the acquisition of gene therapy company Spark Therapeutics for $4.3 billion, adding Spark's gene therapy portfolio to its assets.
2020-03
Roche Diagnostics reached FDA-approval for Sars-CoV-2 diagnostic test
In March 2020, Roche Diagnostics achieved FDA-approval for its high-volume Sars-CoV-2 diagnostic test, capable of analyzing 1,400-8,800 samples within 24 hours.
2021-03
Roche announced acquisition of GenMark Diagnostics
In March 2021, Roche announced the acquisition of GenMark Diagnostics for $1.8 billion, with GenMark becoming a subsidiary.
2022-05
Roche announces new research institute focused on human organoids
Roche announced the establishment of a new research institute in May of this year, dedicated to studying 'mini-organs' derived from human cells to better replicate human biology.
2022-08
Roche Suspension from ABPI for Misleading Marketing Practices
In August 2022, Roche was suspended from the ABPI for two years due to engaging in misleading marketing practices that involved 'bribing health professionals with inducement to prescribe'. This led to significant consequences such as the resignation of the Roche General Manager of the UK.
2022-09
Roche acquired Good Therapeutics
In September 2022, Roche acquired Good Therapeutics for its PD1-regulated IL-2 receptor agonist program at a cost of $250 million.
2023-07
Roche partnered with Alnylam Pharmaceuticals
In July 2023, Roche partnered with Alnylam Pharmaceuticals in a $2.8 billion deal for the development of a hypertension drug.
2023-12
Roche acquired Carmot Therapeutics
In December 2023, Roche acquired Carmot Therapeutics, an anti-obesity drug developer, for $2.7 billion.
2024-02-27
Roche Products (Pty) Ltd Copyright Notice
Roche Products (Pty) Ltd copyright notice was displayed on the website in 2024.
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Roche

Swiss multinational healthcare company
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