$ROCHE HOLDING AG (RHHBY.US)$ USD 50 billion commitment includes new state-of-the art research and development (R&D) sites, new and expanded manufacturing facilities in Indiana, Pennsylvania, Massachusetts and California and an additional site location to be announced soon Investments will create more than 12,000 new jobs: 1,000 at Roche and more than 11,000 in support of new US manufacturing capabilities Roche already has a significant existing US presence with more than 25,000 employees, 15 ...
$LumiraDx (LMDXF.US)$$ROCHE HOLDING AG (RHHBY.US)$logo no longer on top of Lumiradx page. Which leaves me to believe that Roche temporarily bought the assets to integrate with them, RonZ initiated a lawsuit, integration was a flop, or someone coughed up more to acquire. Pick your poison 😂
$LumiraDx (LMDXF.US)$if cash I'd rather just have access to$ROCHE HOLDING AG (RHHBY.US)$yearly dividends at least then we could have a yearly cash flow while awaiting whatever else is in store within the next 5-10 years. 👍
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74239570
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Has anyone else confirmed this or heard any more about it?
Ryand83
OP74239570
:
Nobody knows. We're just awaiting confirmation from Roche. We don't know if there are shorts stuck here either. May God bless them if they never covered . If Roche includes us in their RHHBY dividends the shorts would be paying us not Roche.
Tatae2023
:
...well Ryan, put it this way, Cayman body sold some Lmdx branches to pay out banks and they are disolved through insolvency process...so practically and theoretically we lost. what is your thoughts about insolvency?
Ryand83
OPTatae2023
:
The Cayman entity that we were invested into was insolvent not the entire company. Given that context theoretically Roche SHOULD transfer us into a more stable version of Lumiradx, pay us out for our shares, or fund the ultimate parent company as they weren't fully liquidated. I think Biopharma will play hardball with Roche for Colombia like Roche spent months trying to lower the price.
Ryand83
OPRyand83
OP
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I think Roche's objective was to acquire the main assets first for integration. Remember it wasn't a full liquidation and Roche never specified if they left the important pieces inside the Cayman entity or not. This would further my theory to turn Lumiradx into a wholely owned subsidiary. Dissolving and winding down doesn't necessarily mean it's the end of us or our shares. FTI Consulting has stated we are in a restructuring. I believe the "conflict of interest" Ron Zwanziger mentioned was based on the fact that he knew Roche would gain 100% of Lumiradx and didn't want to be a part of the company after that. I mean technically anything can happen, but this is a process. I could relay what I got from an insider (that you've emailed) but to keep it on the DL and respect privacy I won't mention names, but rest assured you know who I'm talking about @Tatae2023. Basically he told me we should bombard Roche.
$LumiraDx (LMDXF.US)$Do we know the actual terms of this deal? or what they want us to know....how do we know that the Cayman entity doesn't still hold the assets?.... wish they'd hurry up. If we get screwed I'm blaming those money hungry Swiss fucks. $ROCHE HOLDING AG (RHHBY.US)$ at this rate I wish$Johnson & Johnson (JNJ.US)$had acquired us instead.
$LumiraDx (LMDXF.US)$I'm currently blasting all entities on LinkedIn. If we get nothing and yet$Walmart (WMT.US)$starts sporting the$ROCHE HOLDING AG (RHHBY.US)$Lumiradx names on those health vans soon we know we got the shaft from big pharma. Poseida Therapeutics got a 1.5B buyout unwillingly from Roche and yet Roche still has 5.5B from '24 they could most definitely make those Stocktwits glitches a reality here. It's fucking sad to know that. Most of us would settle for IPO price!
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ROCHE HOLDING AG Stock Forum
Investments will create more than 12,000 new jobs: 1,000 at Roche and more than 11,000 in support of new US manufacturing capabilities
Roche already has a significant existing US presence with more than 25,000 employees, 15 ...
$ROCHE HOLDING AG (RHHBY.US)$
at this rate I wish $Johnson & Johnson (JNJ.US)$ had acquired us instead.
Poseida Therapeutics got a 1.5B buyout unwillingly from Roche and yet Roche still has 5.5B from '24 they could most definitely make those Stocktwits glitches a reality here. It's fucking sad to know that. Most of us would settle for IPO price!
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