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Rocket Internet’s huge appetite: Berlin giant pumps $717M into Hello Fresh and Delivery Hero

hellofresh, rocket

In one of its boldest bets ever, Berlin-based Rocket Internet announced today it was making massive investments in two of the world’s hottest food-delivery startups and creating a separate unit to oversee its sprawling empire of food-related stakes. Rocket invested $568 million in Delivery Hero, the Berlin-based e-commerce startup that facilitates delivery from local restaurants….

Trophos acquired by Roche for $546M: An Expansion for neuromuscular disease

trophos

Roche said today it will acquire Trophos for up to €470 million (about $543 million), in a deal that will expand the pharma giant’s portfolio in neuromuscular disease with high medical need, anchored by the Phase II/III-completed spinal muscular atrophy (SMA) compound olesoxime (TRO19622). Olesoxime showed statistically significant positive results last year in data from…

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