Roche Shares Edge Up After $2.3 Billion Nurix Cancer Pact
Roche Holding Ltd. participation certificates listed on SIX traded up 1.07% at CHF 322.20 late Wednesday morning. Investors were eyeing a new $2.3 billion deal with Nurix Therapeutics, bringing Roche a late-stage blood-cancer asset. The stock line now trades as ROP after the company switched from the former ROG Genussscheine in March. Roche’s bearer shares are listed as RO. The Swiss Market Index edged higher, gaining roughly 0.35% to 13,403.50. The SMI tracks Switzerland’s top 20 blue chips by size and liquidity, recalculating in real time as stocks change hands.