Green Health & Wellness Roche looking to sell or shut down California biologic drug plant – GWC Mag gwcmagOctober 15, 2023022 views DealsHealth 01 June 2023, 5:42 pm 1 minute Reuters has exclusively seen documents indicating Swiss drugmaker Roche Holding AG (ROG.S) plans to sell its 800-employee drug manufacturing plant in Vacaville, California, or it will shut the factory by 2029. Market Impact Roche is under pressure to develop new treatments to offset the loss of billions in sales due to cheap biotech copies of its established cancer medicines Herceptin, Avastin and Rituxan. Article Tags Topics of Interest: DealsHealth Type: Reuters Best Sectors: Pharmaceuticals & Healthcare Regions: Americas Countries: SwitzerlandUnited States Win Types: Exclusivity Story Types: Exclusive / Scoop Media Types: Text Customer Impact: Significant National Story