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Biotech / Medical : XOMA. Bull or Bear?
XOMA 33.100.0%Nov 3 3:59 PM EST

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From: bob zagorin4/3/2007 1:47:08 PM
   of 17367
 
Roche Buys Biotech Firm THP
Associated Press
April 2, 2007 10:03 p.m.

BASEL, Switzerland -- Swiss drug company Roche Holding AG said Monday it bought privately owned biotech company Therapeutic Human Polyclonals Inc. for $56.5 million.

Mountain View, Calif.-based THP specializes in the development of therapeutic antibodies, Roche said in a statement.

Roche shares rose 0.19% to close at 215.40 Swiss francs ($177.29) in Zurich.
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