Bayer extends collaboration

Bayer (BAYRY) signs multi-year extension with Roche's (RHHBY) Ventana Medical Systems to develop companion diagnostics focused on immunohistochemistry.

The agreement focuses on the development of diagnostic tests for Bayer's biomarker-targeted therapeutics.

Ventana will create an expert team with resources exclusively designated for Bayer.

Financial terms are undisclosed.

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