Bayer extends collaboration

|About: Bayer A.G. ADR (BAYRY)|By:, SA News Editor

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.