Fritz Ger­ber, who led Roche for 2 decades, dies; ADC Ther­a­peu­tics tries again for an IPO, sets terms

→ Fritz Ger­ber, the 92-year-old ex-Roche CEO who steered the com­pa­ny to a ma­jor­i­ty stake in Genen­tech, has died. Ger­ber was CEO from 1978 to 1998, and chair­man for a few years af­ter that. The com­pa­ny cred­its him with tak­ing a lead­ing role in ac­quir­ing a ma­jor­i­ty stake in Genen­tech, a foun­da­tion­al move that led to the full buy­out 11 years ago. Deals to ac­quire PCR tech­nol­o­gy and the takeover of Boehringer Mannheim al­so set up a big play in di­ag­nos­tics, where Roche is a world leader to­day.

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