Roche opens new pharma R&D center
Swiss pharma giant Roche (ROG: SIX) today announced the opening of the new pharmaceutical research and development center at its global headquarters in Basel.
Equipped with cutting-edge technologies and housing around 1,800 state-of-the-art laboratory and office workstations, the new center brings together researchers from different disciplines to advance scientific discoveries for patients.
Severin Schwan, chairman of the board of directors of the Roche Group revealed that the company has invested 1.2 billion francs ($1.4 billion) in the new pRED Center. “This underlines our ongoing commitment to supporting Switzerland as a leading innovative location for life sciences – the country where Roche was founded over 125 years ago,” he noted.
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