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Benzinga
Benzinga
Business
Vandana Singh

Roche To Acquire 89bio For $2.4 Billion In Liver And Cardiometabolic Push

89bio Roche Nasdaq RHHBY Roche Holdings AG Disease
Roche

On Thursday, Roche Holdings AG (OTC:RHHBY) agreed to acquire 89bio, Inc. (NASDAQ:ETNB) for $2.4 billion. 89Bio is a clinical-stage biopharmaceutical company focused on the development and commercialization of therapies for liver and cardiometabolic diseases.

Roche will acquire the company for $14.50 per share, representing a premium of approximately 79% to 89bio’s closing stock price on September 17, 2025, the last trading day before the announcement of the transaction, and a premium of 52% to 89bio’s 60-day volume-weighted average price.

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