Roche buys US DNA sequencing startup

Friday, 22. May 2020 09:10

F. Hoffmann-La Roche AG announced on Friday it acquired Stratos Genomics, a United States-based startup developing DNA sequencing technology.

"Roche is dedicated to creating innovative diagnostics for the most challenging clinical conditions with techniques that are tailored to individual genetic and disease profiles. These solutions address the demands of research and clinical practice to deliver on the promise of personalised healthcare for patients," chief executive of Roche Diagnostics Thomas Schinecker said in the press release.

Details of the transaction were not disclosed.

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