This is the location to where Valium was created and was the former headquarters for Roche prior to the purchase of Genentech and the corporate offices moved there. This seems to be a slow shut down that they hope to have done by the end of 2013 and the facility is huge. It somewhat reminds me of the big Pfizer facility in New England that was closed not too long ago. A couple months ago to answer the call for affordable drugs in India they are reducing the cost of a couple cancer drugs to stay in the market and not be outsold by generics. BD
Roche Cutting the Price of 2 Cancer Drugs in India To Potentially Avoid Compulsory Law Provisions That Allows Generic Drugs When Cost Is Not Affordable
"The overall number of programs in clinical development has grown substantially," Roche Chief Executive Severin Schwan said in a statement on Tuesday.
"The planned consolidation of our research and early development organization and the refocusing of research and development activities in Switzerland and Germany will free up resources that we can invest in these promising clinical programs while also increasing our overall efficiency," he said.