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Severin Schwan

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  • China hands drugmaker GSK record $489 million fine for paying bribes

    SHANGHAI/LONDON (Reuters) - China fined GlaxoSmithKline Plc a record 3 billion yuan ($489 million) on Friday for paying bribes to doctors to use its drugs, underlining the risks of doing business there while also ending a damaging chapter for the British drugmaker.
  • For Roche CEO, celebrating failure is key to success

    LONDON (Reuters) - Roche Chief Executive Severin Schwan likes to crack open the champagne with his drug research teams at the end of a big project - especially when they fail. As the boss of one of the world's most successful pharmaceutical companies,...

    Roche's $8 billion InterMune buy not a signal for more big deals

    LONDON (Reuters) - Roche's decision to buy U.S. biotech company InterMune for $8.3 billion last month was "exceptional" and not a sign of more ambitious plans for major acquisitions, the Swiss drugmaker' s chief executive said on Tuesday. Damping down...

    Roche to buy U.S. biotech firm InterMune for $8.3 billion

    Roche to buy U.S. biotech firm InterMune for $8.3 billion
    Roche Holding AG has agreed to buy U.S. biotech company InterMune Inc. for $8.3 billion in cash, helping the world's leading maker of cancer drugs expand into the treatment of rare or incurable diseases. Roche's efforts to produce successful non-...

    Roche to offer $10 billion for rest of Chugai: Bloomberg

    (Reuters) - Roche Holding AG is in talks to buy the almost 40 percent stake in Japan's Chugai Pharmaceutical Co Ltd that it does not already own for about $10 billion, Bloomberg reported, citing people familiar with the matter. A spokeswoman for Roche...